v3.25.2
Statements of Changes in Net Assets (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]        
Net investment income (loss) $ (12,633) $ 0 $ (24,104) $ 0
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 Increase (Decrease) in Net Assets Resulting from Operations 4,758,222 (1,201,327) 2,517,925 1,426,913
Capital Share Transactions:        
Shares issued 2,458,119 2,388,456 5,165,180 9,977,466
Shares redeemed (1,965,381) (790,829) (4,913,185) (792,378)
Net Increase (Decrease) in Net Assets Resulting from Capital Share Transactions 492,738 1,597,627 251,995 9,185,088
Total Increase (Decrease) in Net Assets 5,250,960 396,300 2,769,920 10,612,001
Net Assets, beginning of period 16,333,350 10,215,701 18,814,390 0
Net Assets, End of Period $ 21,584,310 $ 10,612,001 $ 21,584,310 $ 10,612,001
Changes in Shares Outstanding:        
Shares outstanding, beginning of period 225,528,476 165,475,000 230,678,476 1
Shares issued 27,975,000 40,450,000 59,575,000 205,950,000
Shares redeemed (22,775,000) (14,425,000) (59,525,000) (14,450,001)
Net Increase (Decrease) in Shares 5,200,000 26,025,000 50,000 191,499,999
Shares Outstanding, End of Period 230,728,476 191,500,000 230,728,476 191,500,000