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
Investment income        
Investment income $ 0 $ 0 $ 1 $ 0
Expenses        
Sponsor Fee 1,339 1,888 2,806 3,748
Total expenses 1,339 1,888 2,806 3,748
Less: waivers and reimbursements 0 0 0 0
Net expenses 1,339 1,888 2,806 3,748
Net investment loss (1,339) (1,888) (2,805) (3,748)
Net realized and change in unrealized gain (loss) on investments        
Net realized gain (loss) from investment in bitcoin transferred to pay Sponsor Fee 643 1,032 1,455 2,183
Net realized gain (loss) from In-Kind Redemptions of bitcoin 36,526 0 45,336 0
Net realized gain (loss) from investment in bitcoin sold for redemptions (3,801) 21,271 (35,191) 45,121
Net change in unrealized appreciation (depreciation) from investment in bitcoin (360,422) 940,462 (1,105,844) 464,101
Net realized and unrealized gain (loss) (327,054) 962,765 (1,094,244) 511,405
Net increase (decrease) in net assets resulting from operations $ (328,393) $ 960,877 $ (1,097,049) $ 507,657