v3.25.1
Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Expenses    
Sponsor’s fees $ 33,043,551 $ 4,211,219
Sponsor’s fees waived (178,082) (1,074,550)
Total expenses 32,865,469 3,136,669
Net investment loss (32,865,469) (3,136,669)
Net Realized and Unrealized Gain (Loss)    
Bitcoin sold to pay expenses 8,440,558 100,525
Bitcoin sold for the redemption of Shares 624,399,288 0
Net realized gain 632,839,846 [1] 100,525 [2]
Net change in unrealized appreciation/depreciation (7,057,849,155) 3,806,745,993
Net realized and unrealized gain (loss) (6,425,009,309) 3,806,846,518
Net increase (decrease) in net assets resulting from operations $ (6,457,874,778) $ 3,803,709,849
Net increase (decrease) in net assets per Share (in dollars per share) [3] $ (6.41) $ 19.07
[1] Includes $711,685,203 of realized gains and $(78,845,357) of realized losses.
[2] Includes $100,560 of realized gains and $(35) of realized losses.
[3] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.