v3.26.1
Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Investment income:    
Investment income $ 0 $ 0
Expenses:    
Sponsor's Fee, related party 44,984 68,939
Net investment loss (44,984) (68,939)
Net realized and unrealized loss from:    
Net realized gain on investment in Bitcoin sold to pay expenses 34,495 57,881
Net realized gain on investment in Bitcoin sold for redemption of Shares 816,008 1,029,931
Net change in unrealized appreciation/depreciation on investment in Bitcoin (3,988,628) (3,218,384)
Net realized and unrealized loss on investment (3,138,125) (2,130,572)
Net decrease in net assets resulting from operations $ (3,183,109) $ (2,199,511)