v3.26.1
Summary of Significant Accounting Policies - Summary of Fair Value Estimates (Details)
$ in Thousands
Jun. 30, 2026
USD ($)
Assets  
Investment in HYPE $ 127,103 [1]
Level 1  
Assets  
Investment in HYPE 127,103
Level 2  
Assets  
Investment in HYPE 0
Level 3  
Assets  
Investment in HYPE $ 0
[1] No comparative financial statements have been provided as the Trust’s operations commenced on June 3, 2026.