v3.26.1
Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Expenses        
Sponsor Fee $ 1,312 $ 2,444 $ 2,757 $ 4,811
Total expenses 1,312 2,444 2,757 4,811
Net investment loss (1,312) (2,444) (2,757) (4,811)
Realized and change in unrealized gain (loss)        
Net realized gain (loss) on investment in bitcoin sold to pay Sponsor Fee (287) 593 (547) 1,129
Net realized gain (loss) on investment in bitcoin sold for redemptions (185,186) 339,579 (314,085) 661,158
Net realized gain on in-kind liabilities paid 28 118
Net change in unrealized appreciation (depreciation) on investment in bitcoin (87,975) 859,932 (674,311) (47,364)
Net change in unrealized gain (loss) on Sponsor Fee payable (3) 5
Net realized and change in unrealized gain (loss) (273,423) 1,200,104 (988,820) 614,923
Net increase (decrease) in net assets resulting from operations $ (274,735) $ 1,197,660 $ (991,577) $ 610,112