Statements of Operations - USD ($) |
3 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Expenses | ||||
Management Fee | $ 218,107 | $ 176,449 | $ 678,610 | $ 390,023 |
Professional fees | 238,805 | 191,680 | 460,226 | 294,731 |
Custodian fees | 66,741 | 53,989 | 207,324 | 119,636 |
Other | 39,846 | 106,992 | 240,365 | 231,306 |
Total expenses | 563,499 | 529,110 | 1,586,525 | 1,035,696 |
Net investment loss | (563,499) | (529,110) | (1,586,525) | (1,035,696) |
Net realized gain and net change in unrealized appreciation on investment in Bitcoin | ||||
Net realized gain on investment in Bitcoin | 599,279 | 51,684,799 | 52,607,095 | 1,039,910 |
Net change in unrealized appreciation on investment in Bitcoin | (21,756,490) | 25,615,160 | 68,351,967 | 69,445,270 |
Total net realized gain and net change in unrealized appreciation on investment in Bitcoin | (21,157,211) | 77,299,959 | 120,959,062 | 70,485,180 |
Net increase in net assets resulting from operations | $ (21,720,710) | $ 76,770,849 | $ 119,372,537 | $ 69,449,484 |
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- References No definition available.
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- Definition Net realized gain and net change in unrealized appreciation depreciation on investment in bitcoin abstract. No definition available.
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- Definition Those fees charged for services related to holding, advising, and managing customer investment assets. These account fees usually charged annually or semi-annually, on a per security basis, for the costs of services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Definition Amount of expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of realized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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