v3.26.1
Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Increase (decrease) in net assets resulting from operations    
Net investment loss $ (1,466) $ (1,860)
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) (745,422) (476,361)
Net increase (decrease) in net assets resulting from operations (768,656) (453,220)
Increase (decrease) in net assets from capital share transactions    
Creations for Shares issued 573,319 690,590
Redemptions for Shares redeemed (622,643) (866,743)
Net increase (decrease) in net assets resulting from capital share transactions (49,324) (176,153)
Total increase (decrease) in net assets from operations and capital share transactions (817,980) (629,373)
Net assets    
Beginning of period 3,367,050 3,762,039
End of period $ 2,549,070 $ 3,132,666
Increase (Decrease) in Partners' Capital [Roll Forward]    
Shares issued 13,220,000 12,720,000
Shares redeemed (14,780,000) (16,880,000)
Net increase (decrease) in Shares issued and outstanding (1,560,000) (4,160,000)