v3.25.2
STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)
$ in Thousands
 2 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2025
Increase in net assets from operations:        
Net investment loss $ 0 $ (1,577) [1]   $ (2,975) [1]
Net realized gain on investment in Bitcoin sold to pay expenses 0 382 [1] $ 204 684 [1]
Net realized gain on investment in Bitcoin sold for redemption of Shares 0 10,187 [1] 90,723 43,921 [1]
Net change in unrealized appreciation on investment in Bitcoin 0 1,052,812 [1] 889,077 528,062 [1]
Net increase in net assets resulting from operations 0 1,061,804   569,692
Increase in net assets from capital share transactions:        
Shares issued 100,000 376,602   877,581
Shares redeemed 0 (41,310)   (253,401)
Net increase in net assets resulting from capital share transactions 100,000 335,292   624,180
Total increase in net assets from operations and capital share transactions 100,000 1,397,096   1,193,872
Net assets:        
Beginning of period 0 3,346,810   3,550,034
End of period $ 100,000 $ 4,743,906 $ 3,550,034 $ 4,743,906
Change in Shares outstanding:        
Shares outstanding at beginning of period 0 91,629,963   85,769,963
Shares issued 10,000 8,720,000   20,080,000
Shares redeemed 0 (940,000)   (6,440,000)
Net increase in Shares 10,000 7,780,000   13,640,000
Shares outstanding at end of period 10,000 99,409,963 85,769,963 99,409,963
[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.