v3.26.3
Fair Value of HYPE - Changes in Quantity of HYPE and Respective Fair Value (Details)
$ in Thousands
 3 Months Ended 4 Months Ended
Sep. 30, 2026
USD ($)
Hype
Sep. 30, 2026
USD ($)
Hype
Fair Value Disclosures [Abstract]    
Beginning balance, Quantity | Hype   7,070.13574661
HYPE contributed, Quantity | Hype   2,248,870.42710163
HYPE redeemed, Quantity | Hype   (38,934.43301448)
HYPE distributed to shareholders | Hype   (5,533.05281857)
HYPE Staking Reward income, Quantity | Hype   10,797.43457516
HYPE distributed for expenses | Hype   (3,080.6620766)
Net change in unrealized appreciation/depreciation | Hype   0
Net realized loss | Hype   0
Ending Balance ,Quantity | Hype 2,219,189.84951375 2,219,189.84951375
Beginning Balance, Fair Value   $ 500
HYPE contributed, Fair Value   146,928
HYPE redeemed, Fair Value   (2,195)
HYPE Staking Reward income, Fair Value   771
HYPE distributed for expenses, Fair Value   (205)
HYPE distributed for Sponsor's Fee, related party, Fair Value   (369)
Net change in unrealized appreciation/depreciation on investment in HYPE $ 48,082 51,721
Net realized gain (loss) on investment in HYPE sold for redemption of Shares (298) (298)
Net realized gain (loss) on investment in HYPE sold to pay expenses 21 21
Net realized loss, Fair Value (264) (264)
Ending balance, Fair Value 196,887 196,887
Ending Balance, Fair Value $ 196,887 $ 196,887