v3.26.1
Unaudited Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Expenses        
Sponsor fee (Note 4) $ 274,347 $ 363,796 $ 563,328 $ 824,349
Total expenses 274,347 363,796 563,328 824,349
Net investment income (loss) (274,347) (363,796) (563,328) (824,349)
Net realized gain (loss) from:        
Bitcoin transferred to pay Sponsor fee 7,741 105,238 26,127 318,896
Bitcoin sold for the redemption of Shares 2,606,597 11,033,890 2,904,723 116,498,108
Net realized gain (loss) 2,614,338 11,139,128 2,930,850 116,817,004
Net change in unrealized gain (loss) on investment (57,019,947) 130,366,125 (177,737,232) (51,464,017)
Net realized and change in unrealized gain (loss) (54,405,609) 141,505,253 (174,806,382) 65,352,987
Net income (loss) $ (54,679,956) $ 141,141,457 $ (175,369,710) $ 64,528,638
Net income (loss) per share $ (2.51) $ 6.73 $ (8.08) $ 2.64
Weighted average number of shares outstanding 21,793,846 20,971,758 21,702,044 24,475,691