STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2025 |
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Investment income: | ||||
Investment income | [1] | $ 0 | $ 0 | |
Expenses: | ||||
Sponsor's Fee, related party | [1] | 1,577 | 2,975 | |
Net investment loss | [1] | (1,577) | (2,975) | |
Net realized and unrealized gain from: | ||||
Net realized gain on investment in Bitcoin sold to pay expenses | [1] | 382 | 684 | |
Net realized gain on investment in Bitcoin sold for redemption of Shares | [1] | 10,187 | 43,921 | |
Net change in unrealized appreciation on investment in Bitcoin | [1] | 1,052,812 | 528,062 | |
Net realized and unrealized gain on investment | [1] | 1,063,381 | 572,667 | |
Net increase in net assets resulting from operations | [1] | $ 1,061,804 | $ 569,692 | |
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