Statements of Assets and Liabilities - USD ($) |
Mar. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Assets | |||
Investment in Bitcoin, at fair value (cost $72,727,299 and $72,751,781, respectively) | $ 159,203,438 | $ 180,982,533 | $ 115,545,433 |
Cash | 263 | 322 | 370 |
Other assets | 27,259 | 62,381 | 76,531 |
Total assets | 159,230,960 | 181,045,236 | 115,622,334 |
Liabilities | |||
Management Fee payable | 66,252 | 75,278 | 48,081 |
Due to Sponsor | 263 | 322 | 370 |
Other payable | 105,672 | 190,153 | 109,619 |
Total liabilities | 172,187 | 265,753 | 158,070 |
Net assets | 159,058,773 | 180,779,483 | 115,464,264 |
Net assets | |||
Paid-in capital | 76,978,282 | 76,978,282 | 76,978,282 |
Redemptions | (54,057,318) | (54,057,318) | |
Accumulated net investment loss | (5,502,540) | (4,939,041) | (3,352,516) |
Accumulated net realized gain on investment in Bitcoin | 55,157,841 | 54,558,562 | 1,951,467 |
Accumulated net change in unrealized appreciation on investment in Bitcoin | $ 86,482,508 | $ 108,238,998 | $ 39,887,031 |
Units issued, no par value (unlimited Units authorized) | 5,940,536 | 5,940,536 | 8,340,536 |
Units outstanding, no par value (unlimited Units authorized) | 5,940,536 | 5,940,536 | 8,340,536 |
Net asset value per Unit | $ 26.78 | $ 30.43 | $ 13.84 |
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- Definition Accumulated net change in unrealized appreciation on investment in bitcoin. No definition available.
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- Definition Accumulated net investment loss No definition available.
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- Definition Accumulated net realized gain loss on investment in bitcoin No definition available.
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- Definition Net assets abstract. No definition available.
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- Definition Redemptions No definition available.
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- Definition Amount of obligations incurred and payable classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of net assets (liabilities). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of fee payable for management of fund or trust. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of liabilities classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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