Creations and Redemptions of Shares (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of activity in number of shares issued and redeemed


		Three Months Ended June 30, 2025				Six Months Ended June 30, 2025
Activity in Number of Shares Issued and Redeemed:
Shares issued			8,720,000				20,080,000
Shares redeemed			(940,000	)			(6,440,000	)
Net Change in Number of Shares Issued and Redeemed			7,780,000				13,640,000

Schedule of activity in value of shares issued and redeemed


(Amounts in thousands)		Three Months Ended June 30, 2025				Six Months Ended June 30, 2025
Activity in Value of Shares Issued and Redeemed:
Shares issued		$	376,602			$	877,581
Shares redeemed			(41,310	)			(253,401	)
Net Change in Value of Shares Issued and Redeemed		$	335,292			$	624,180

Investment owned balanced contract receivable


		As of June 30,
(Amounts in thousands)		2025
Bitcoin receivable		$	-

Investment owned balanced contract payable


		As of June 30,
(Amounts in thousands)		2025
Bitcoin payable		$	-