v3.25.2
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
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
[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 31, 2024. Prior to the commencement of operations on July 31, 2024, the Sponsor redeemed the initial seed capital of 10,000 shares for $100,000.