v3.25.2
Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Investment Income:        
Investment income $ 0 $ 0 $ 0 $ 0
Expenses:        
Sponsor fee 12,633 6,472 24,104 9,300
Total Expenses Before Waiver 12,633 6,472 24,104 9,300
Sponsor fee waived 0 (6,472) 0 (9,300)
Net Expenses 12,633 0 24,104 0
Net Investment Income (Loss) (12,633) 0 (24,104) 0
Net Realized and Change in Unrealized Gain (Loss) from:        
Net realized gain (loss) on investment in bitcoin sold for redemptions 2,432 (118,113) (235,837) (118,164)
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee 255 0 (1,037) 0
Net change in unrealized appreciation (depreciation) on investment in bitcoin 4,768,168 (1,083,214) 2,778,903 1,545,077
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin 4,770,855 (1,201,327) 2,542,029 1,426,913
Net Increase (Decrease) in Net Assets Resulting from Operations $ 4,758,222 $ (1,201,327) $ 2,517,925 $ 1,426,913