v3.26.1
FAIR VALUE OF FINANCIAL INSTRUMENTS - Summary of valuation of BNO'S securities (Details) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
FAIR VALUE OF FINANCIAL INSTRUMENTS    
Short-Term Investments $ 390,700,000 $ 62,750,000
Exchange-Traded Futures Contracts    
Foreign Contracts (43,540,680) 2,337,370
Level I    
FAIR VALUE OF FINANCIAL INSTRUMENTS    
Short-Term Investments 390,700,000 62,750,000
Exchange-Traded Futures Contracts    
Foreign Contracts (43,540,680) 2,337,370
Level II    
FAIR VALUE OF FINANCIAL INSTRUMENTS    
Short-Term Investments 0 0
Exchange-Traded Futures Contracts    
Foreign Contracts 0 0
Level III    
FAIR VALUE OF FINANCIAL INSTRUMENTS    
Short-Term Investments 0 0
Exchange-Traded Futures Contracts    
Foreign Contracts $ 0 $ 0