v3.26.1
Significant Accounting Policies - Summary of Trust's Assets Accounted for at Fair Value (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
May 14, 2026
 [3]
Dec. 31, 2025
 [4]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value $ 128,260 [1],[2] $ 0 $ 0
Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value $ 128,260    
[1] Amount includes $89,810 staked Hyperliquid as of June 30, 2026.
[2] No comparative period information yet available as the Trust commenced operations on May 14, 2026.
[3] No comparative period information yet available as the Trust commenced operations on May 14, 2026.
[4] As of December 31, 2025, the Trust held initial seed capital amounting to $200 in cash.