v3.26.1
Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
INVESTMENT INCOME:    
Total investment income
EXPENSES:    
Sponsor Fee (Note 3) 87,333 204,357
Total expenses 87,333 204,357
Net investment loss (87,333) (204,357)
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENT:    
Net realized gain from investment in bitcoin sold to pay Sponsor Fee 12,396 82,185
Net realized gain from investment in bitcoin sold for redemption of Shares 50,761,410
Net change in unrealized appreciation/depreciation on investment in bitcoin (33,874,773) (90,966,656)
Net realized and unrealized loss on investment in bitcoin (33,862,377) (40,123,061)
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS $ (33,949,710) $ (40,327,418)