v3.26.1
STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Decrease in net assets from operations:    
Net investment loss $ (1,407) $ (1,398)
Net realized (loss) gain on investment in Bitcoin sold to pay expenses (75) 302
Net realized (loss) gain on investment in Bitcoin sold for redemption of Shares (15,323) 33,734
Net change in unrealized appreciation/depreciation on investment in Bitcoin (956,060) (524,750)
Net decrease in net assets resulting from operations (972,865) (492,112)
Increase in net assets from capital share transactions:    
Shares issued 441,297 500,979
Shares redeemed (208,679) (212,091)
Net increase in net assets resulting from capital share transactions 232,618 288,888
Total decrease in net assets from operations and capital share transactions (740,247) (203,224)
Net assets:    
Beginning of period 4,243,952 3,550,034
End of period $ 3,503,705 $ 3,346,810
Change in Shares outstanding:    
Shares outstanding at beginning of period 109,539,963 85,769,963
Shares issued 13,540,000 11,360,000
Shares redeemed (6,270,000) (5,500,000)
Net increase in Shares 7,270,000 5,860,000
Shares outstanding at end of period 116,809,963 91,629,963