v3.25.1
Statements of Financial Condition - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Assets    
Investments in Bitcoin, at value (cost $223,623,705 and $381,198,226, respectively) $ 436,270,179 $ 727,789,330
Total Assets 436,270,179 727,789,330
Payable for:    
Accrued Sponsor's fees 102,648 177,497
Total Liabilities 102,648 177,497
Commitments and Contingencies (Note 9)
Net Assets 436,167,531 727,611,833
Net assets consist of:    
Paid-in-capital 103,338,340 321,367,689
Distributable earnings (loss) 332,829,191 406,244,144
Net Assets $ 436,167,531 $ 727,611,833
Shares outstanding 5,300,000 7,800,000
Net asset value per share $ 82.3 [1] $ 93.28
Market value per share [2] $ 82.25 $ 93.22
[1] For financial reporting purposes, the Trust values transactions based upon the end of reporting period price in the market. Accordingly, the investment valuations in these financial statements may differ from those used in the calculation of certain of the Trust’s final creation and redemption NAVs.
[2] The mean between the last bid and ask prices.