Certificate Liabilities - Schedule of Reconciliation of Certificates (Details) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Schedule of Reconciliation of Certificates [Abstract] | ||
| Opening position | $ 5,149,480 | $ 2,948,821 |
| Closing position | 4,507,440 | 5,149,480 |
| Movement from net redemption of XBT Certificate Liabilities | (971,063) | (766,319) |
| Movement from net issuance of XBT CS Physical Certificate Liabilities | 1,859 | |
| Movement from net issuance of CS Physical Certificate Liabilities | 1,101,229 | 165,188 |
| Management fee, net | (87,830) | (83,109) |
| (Gain)/loss on certificate liabilities | (802,747) | 2,910,985 |
| Translation of foreign currency denominated holdings | $ 116,512 | $ (26,086) |