Fair Value of XRP - Additional Information (Details) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
Jun. 30, 2026 USD ($) Xrp $ / shares	Dec. 31, 2025 USD ($) Xrp $ / shares	Nov. 18, 2025 Xrp
Fair Value, Option, Quantitative Disclosures [Line Items]
Trust held net closing balance of XRP \| Xrp	286,838,445.9126	131,223,200.0749	0
Fair value net realized losses	$ 21,208,743
Cumulative realized gains	509,578
Cumulative realized losses	21,718,321
XRPUSD-NY
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value of XRP acquired	$ 298,653,321	$ 238,530
XRP index price per share \| $ / shares	$ 1.04	$ 1.82
Lukka Prime Rate
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value of XRP acquired	$ 299,229,867	$ 239,758
XRP index price per share \| $ / shares	$ 1.04	$ 1.83

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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