Significant Accounting Policies - Summary of Changes in Quantity of Crypto Assets (Detail)
|
6 Months Ended |
12 Months Ended |
|
Jun. 30, 2026
USD ($)
|
Dec. 31, 2025
USD ($)
|
| Crypto Asset, Activity [Line Items] |
|
|
| Net realized gain (loss) on investment |
$ 94,107,222
|
|
| Bitcoin (BTC) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
8,836.1188
|
10,632.1413
|
| Purchases, Units |
44.9106
|
3.5303
|
| Sales, Units |
(1,820.8624)
|
(1,799.5528)
|
| Ending balance, Units |
7,060.167
|
8,836.1188
|
| Beginning balance, Fair value |
$ 773,549,000
|
$ 992,968,000
|
| Purchases |
2,707,000
|
328,000
|
| Sales |
(131,256,000)
|
(165,407,000)
|
| Net realized gain (loss) on investment |
89,333,000
|
119,592,000
|
| Net change in unrealized appreciation (depreciation) on investment |
(319,784,000)
|
(173,932,000)
|
| Ending balance, Fair value |
$ 414,549,000
|
$ 773,549,000
|
| Ethereum (ETH) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
53,393.7681
|
65,011.3388
|
| Purchases, Units |
270.3511
|
570.5775
|
| Sales, Units |
(11,163.5901)
|
(12,188.1482)
|
| Ending balance, Units |
42,500.5291
|
53,393.7681
|
| Beginning balance, Fair value |
$ 158,683,000
|
$ 217,164,000
|
| Purchases |
438,000
|
1,469,000
|
| Sales |
(24,270,000)
|
(36,229,000)
|
| Net realized gain (loss) on investment |
17,032,000
|
23,651,000
|
| Net change in unrealized appreciation (depreciation) on investment |
(84,795,000)
|
(47,372,000)
|
| Ending balance, Fair value |
$ 67,088,000
|
$ 158,683,000
|
| XRP (XRP) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
26,808,148.38
|
30,686,126.7901
|
| Purchases, Units |
324,630.1329
|
1,439,571.8875
|
| Sales, Units |
(5,235,574.8753)
|
(5,317,550.2976)
|
| Ending balance, Units |
21,897,203.6376
|
26,808,148.38
|
| Beginning balance, Fair value |
$ 48,981,000
|
$ 64,340,000
|
| Purchases |
398,000
|
3,136,000
|
| Sales |
(7,728,000)
|
(11,128,000)
|
| Net realized gain (loss) on investment |
3,843,000
|
4,962,000
|
| Net change in unrealized appreciation (depreciation) on investment |
(22,651,000)
|
(12,329,000)
|
| Ending balance, Fair value |
$ 22,843,000
|
$ 48,981,000
|
| Solana (SOL) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
248,993.3542
|
256,477.2246
|
| Purchases, Units |
3,979.9398
|
36,637.579
|
| Sales, Units |
(48,787.7381)
|
(44,121.4494)
|
| Ending balance, Units |
204,185.5559
|
248,993.3542
|
| Beginning balance, Fair value |
$ 30,865,000
|
$ 49,677,000
|
| Purchases |
354,000
|
5,491,000
|
| Sales |
(4,412,000)
|
(6,154,000)
|
| Net realized gain (loss) on investment |
921,000
|
(693,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
(12,696,000)
|
(17,456,000)
|
| Ending balance, Fair value |
$ 15,032,000
|
$ 30,865,000
|
| Hyperliquid [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Purchases, Units |
89,491.2733
|
|
| Sales, Units |
(10,564.679)
|
|
| Ending balance, Units |
78,926.5943
|
|
| Purchases |
$ 5,884,000
|
|
| Sales |
(678,000)
|
|
| Net realized gain (loss) on investment |
(17,000)
|
|
| Net change in unrealized appreciation (depreciation) on investment |
(22,000)
|
|
| Ending balance, Fair value |
$ 5,167,000
|
|
| Stellar Lumens [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Purchases, Units |
12,588,308.0031
|
|
| Sales, Units |
(729,556.3826)
|
|
| Ending balance, Units |
11,858,751.6205
|
|
| Purchases |
$ 2,847,000
|
|
| Sales |
(151,000)
|
|
| Net realized gain (loss) on investment |
(15,000)
|
|
| Net change in unrealized appreciation (depreciation) on investment |
(477,000)
|
|
| Ending balance, Fair value |
$ 2,204,000
|
|
| Cardano (ADA) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
16,225,913.9193
|
19,192,702.8414
|
| Purchases, Units |
83,667.1776
|
411,637.158
|
| Sales, Units |
(3,160,403.4213)
|
(3,378,426.0801)
|
| Ending balance, Units |
13,149,177.6756
|
16,225,913.9193
|
| Beginning balance, Fair value |
$ 5,402,000
|
$ 16,262,000
|
| Purchases |
12,000
|
242,000
|
| Sales |
(857,000)
|
(1,558,000)
|
| Net realized gain (loss) on investment |
(3,378,000)
|
(2,970,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
724,000
|
(6,574,000)
|
| Ending balance, Fair value |
$ 1,903,000
|
$ 5,402,000
|
| Chainlink (LINK) [member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
313,437.5474
|
342,097.278
|
| Purchases, Units |
1,615.7481
|
30,202.6854
|
| Sales, Units |
(61,049.7732)
|
(58,862.416)
|
| Ending balance, Units |
254,003.5223
|
313,437.5474
|
| Beginning balance, Fair value |
$ 3,837,000
|
$ 6,828,000
|
| Purchases |
12,000
|
402,000
|
| Sales |
(578,000)
|
(814,000)
|
| Net realized gain (loss) on investment |
71,000
|
(33,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
(1,513,000)
|
(2,546,000)
|
| Ending balance, Fair value |
$ 1,829,000
|
$ 3,837,000
|
| Litecoin (LTC) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
33,920.6399
|
0
|
| Purchases, Units |
174.8584
|
40,872.69
|
| Sales, Units |
(6,606.8899)
|
(6,952.0501)
|
| Ending balance, Units |
27,488.6084
|
33,920.6399
|
| Beginning balance, Fair value |
$ 2,598,000
|
$ 0
|
| Purchases |
8,000
|
5,239,000
|
| Sales |
(367,000)
|
(566,000)
|
| Net realized gain (loss) on investment |
(480,000)
|
(325,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
(610,000)
|
(1,750,000)
|
| Ending balance, Fair value |
$ 1,149,000
|
$ 2,598,000
|
| Sui (SUI) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
1,653,967.259
|
0
|
| Purchases, Units |
8,526.0832
|
1,985,863.224
|
| Sales, Units |
(322,151.3405)
|
(331,895.965)
|
| Ending balance, Units |
1,340,342.0017
|
1,653,967.259
|
| Beginning balance, Fair value |
$ 2,308,000
|
$ 0
|
| Purchases |
6,000
|
7,705,000
|
| Sales |
(337,000)
|
(601,000)
|
| Net realized gain (loss) on investment |
(984,000)
|
(759,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
(61,000)
|
(4,037,000)
|
| Ending balance, Fair value |
$ 932,000
|
$ 2,308,000
|
| Avalanche (AVAX) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
190,139.0261
|
220,206.973
|
| Purchases, Units |
|
4,421.5228
|
| Sales, Units |
(190,139.0261)
|
(34,489.4697)
|
| Ending balance, Units |
|
190,139.0261
|
| Beginning balance, Fair value |
$ 2,345,000
|
$ 7,886,000
|
| Purchases |
|
76,000
|
| Sales |
(1,715,000)
|
(499,000)
|
| Net realized gain (loss) on investment |
(2,349,000)
|
(561,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
$ 1,719,000
|
(4,557,000)
|
| Ending balance, Fair value |
|
$ 2,345,000
|
| Polkadot (DOT) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
729,577.6306
|
816,152.3229
|
| Purchases, Units |
|
49,191.1633
|
| Sales, Units |
(729,577.6306)
|
(135,765.8556)
|
| Ending balance, Units |
|
729,577.6306
|
| Beginning balance, Fair value |
$ 1,300,000
|
$ 5,434,000
|
| Purchases |
|
110,000
|
| Sales |
(911,000)
|
(323,000)
|
| Net realized gain (loss) on investment |
(9,870,000)
|
(2,288,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
$ 9,481,000
|
(1,633,000)
|
| Ending balance, Fair value |
|
$ 1,300,000
|
| Bitcoin Cash (BCH) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
0
|
10,611.6785
|
| Sales, Units |
|
(10,611.6785)
|
| Ending balance, Units |
|
0
|
| Beginning balance, Fair value |
$ 0
|
$ 4,625,000
|
| Sales |
|
(4,462,000)
|
| Net realized gain (loss) on investment |
|
9,000
|
| Net change in unrealized appreciation (depreciation) on investment |
|
(172,000)
|
| Ending balance, Fair value |
|
$ 0
|
| Uniswap (UNI) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
0
|
0
|
| Purchases, Units |
|
320,996.9789
|
| Sales, Units |
|
(320,996.9789)
|
| Ending balance, Units |
|
0
|
| Beginning balance, Fair value |
$ 0
|
$ 0
|
| Purchases |
|
4,351,000
|
| Sales |
|
(3,751,000)
|
| Net realized gain (loss) on investment |
|
(600,000)
|
| Ending balance, Fair value |
|
$ 0
|
| NEAR Protocol (NEAR) [Member] |
|
|
| Crypto Asset, Activity [Line Items] |
|
|
| Begining balance, Units |
0
|
680,674.8151
|
| Sales, Units |
|
(680,674.8151)
|
| Ending balance, Units |
|
0
|
| Beginning balance, Fair value |
$ 0
|
$ 3,330,000
|
| Sales |
|
(3,326,000)
|
| Net realized gain (loss) on investment |
|
(1,425,000)
|
| Net change in unrealized appreciation (depreciation) on investment |
|
1,421,000
|
| Ending balance, Fair value |
|
$ 0
|