Statements of Changes in Net Assets - USD ($) |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Increase (decrease) in net assets from operations | ||||
| Net investment loss | $ (563,499) | $ (529,110) | $ (1,586,525) | $ (1,035,696) |
| 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 |
| Net increase in net assets resulting from operations | (21,720,710) | 76,770,849 | 119,372,537 | 69,449,484 |
| Decrease in net assets from capital transactions | ||||
| Redemptions | (54,057,318) | (54,057,318) | ||
| Net decrease in net assets resulting from capital transactions | (54,057,318) | (54,057,318) | ||
| Net increase in net assets | (21,720,710) | 22,713,531 | 65,315,219 | 69,449,484 |
| Net assets at the beginning of the year | 180,779,483 | 115,464,264 | 115,464,264 | 46,014,780 |
| Net assets at the end of the year | $ 159,058,773 | $ 138,177,795 | $ 180,779,483 | $ 115,464,264 |
| Change in units issued and outstanding | ||||
| Shares issued at the beginning of the year | 5,940,536 | 8,340,536 | 8,340,536 | 8,340,536 |
| Shares outstanding at the beginning of the year | 5,940,536 | 8,340,536 | 8,340,536 | 8,340,536 |
| Redemptions | $ (2,400,000) | $ (2,400,000) | ||
| Shares issued at the end of the year | 5,940,536 | 5,940,536 | 5,940,536 | 8,340,536 |
| Shares outstanding at the end of the year | 5,940,536 | 5,940,536 | 5,940,536 | 8,340,536 |