v3.26.1
Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Investment income    
Investment income $ 1 $ 0
Expenses    
Sponsor Fee 1,467 1,860
Total expenses 1,467 1,860
Net investment loss (1,466) (1,860)
Net realized and unrealized gain (loss)    
Net realized gain (loss) on investment in bitcoin transferred to pay Sponsor Fee 812 1,151
Net realized gain (loss) on In-Kind Redemptions of bitcoin 8,810 0
Net realized gain (loss) on investment in bitcoin sold for redemptions (31,390) 23,850
Net change in unrealized appreciation (depreciation) on investment in bitcoin (745,422) (476,361)
Net realized and unrealized gain (loss) (767,190) (451,360)
Net increase (decrease) in net assets resulting from operations $ (768,656) $ (453,220)