STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
|
| Investment income: | ||||
| Investment income | $ 0 | $ 0 | $ 0 | $ 0 |
| Expenses: | ||||
| Sponsor's Fee, related party | 1,619 | 1,996 | 4,445 | 4,971 |
| Net investment loss | (1,619) | (1,996) | (4,445) | (4,971) |
| Net realized and unrealized gain from: | ||||
| Net realized (loss) gain from Bitcoin sold to pay expenses | (142) | 632 | (376) | 1,316 |
| Net realized (loss) gain from Bitcoin sold for redemption of Shares | 0 | 23,361 | (35,516) | 67,282 |
| Net realized (loss) gain | (142) | 23,993 | (35,892) | 68,598 |
| Net change in unrealized appreciation/depreciation | 1,481,722 | 263,511 | 50,803 | 791,573 |
| Net realized and unrealized gain | 1,481,580 | 287,504 | 14,911 | 860,171 |
| Net increase in net assets resulting from operations | $ 1,479,961 | $ 285,508 | $ 10,466 | $ 855,200 |