v3.25.2
Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities            
Net increase in net assets resulting from operations $ 14,468,115,204 $ (6,457,874,778) $ (2,110,463,201) $ 3,803,709,849 $ 8,010,240,426 $ 1,693,246,648
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:            
Purchases of bitcoin         (19,134,414,363) (17,792,752,818)
Proceeds from bitcoin sold         4,161,942,584 46,015,246
Net realized (gain) (262,071,190) [1] (632,839,846) (2,227,493) [2] (100,525) (894,911,036) [3] (2,328,018) [4]
Net change in unrealized appreciation/depreciation (14,244,730,958) 7,057,849,155 2,102,796,450 (3,806,745,993) (7,186,881,803) (1,703,949,543)
Change in operating assets and liabilities:            
Sponsor’s fees payable         4,042,482 3,543,267
Net cash used in operating activities         (15,039,981,710) (17,756,225,218)
Cash Provided by Financing Activities            
Proceeds from issuance of Shares         19,135,525,703 17,802,728,795
Payments for Shares redeemed         (4,095,570,494) (46,453,487)
Net cash provided by financing activities         15,039,955,209 17,756,275,308
Cash            
Net increase (decrease) in cash         (26,501) 50,090
Cash, beginning of period   $ 126,735   $ 100,000 126,735 100,000
Cash, end of period $ 100,234   $ 150,090   $ 100,234 $ 150,090
[1] Includes $291,395,872 of realized gains and $(29,324,682) of realized losses.
[2] Includes $5,261,693 of realized gains and $(3,034,200) of realized losses.
[3] Includes $1,003,081,075 of realized gains and $(108,170,039) of realized losses.
[4] Includes $5,362,253 of realized gains and $(3,034,235) of realized losses.