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Quarterly Statements of Operations | 12 Months Ended
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Dec. 31, 2023
Quarterly Financial Data [Abstract] |
Quarterly Statements of Operations | 8. Quarterly Statements of Operations Fiscal Year Ended December 31, 2023 (Amounts in thousands)
|  | Three Months Ended (unaudited) |  |  | Year Ended December 31, 2023 |
| Mar-31, 2023 |  |  | Jun-30, 2023 |  |  | Sept-30, 2023 |  |  | Dec-31, 2023 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsor Fee, related party |  | $ | 71,085 |  |  | $ | 87,601 |  |  | $ | 88,407 |  |  | $ | 113,468 |  |  | $ | 360,561 |
Net investment (loss) |  |  | (71,085 | ) |  |  | (87,601 | ) |  |  | (88,407 | ) |  |  | (113,468 | ) |  |  | (360,561 | )
Net realized and unrealized gain (loss) from: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net realized gain (loss) in Bitcoin |  |  | 35,868 |  |  |  | 52,169 |  |  |  | 52,764 |  |  |  | 78,005 |  |  |  | 218,806 |
Net change in unrealized appreciation (depreciation) on investment in Bitcoin |  |  | 7,475,264 |  |  |  | 1,131,742 |  |  |  | (2,134,266 | ) |  |  | 9,555,222 |  |  |  | 16,027,962 |
Net realized and unrealized gain (loss) on investment |  |  | 7,511,132 |  |  |  | 1,183,911 |  |  |  | (2,081,502 | ) |  |  | 9,633,227 |  |  |  | 16,246,768 |
Net increase (decrease) in net assets resulting from operations |  | $ | 7,440,047 |  |  | $ | 1,096,310 |  |  | $ | (2,169,909 | ) |  | $ | 9,519,759 |  |  | $ | 15,886,207 |
Fiscal Year Ended December 31, 2022 (Amounts in thousands)
|  | Three Months Ended (unaudited) |  |  | Year Ended December 31, 2022 |
| Mar-31, 2022 |  |  | Jun-30, 2022 |  |  | Sept-30, 2022 |  |  | Dec-31, 2022 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsor Fee, related party |  | $ | 131,025 |  |  | $ | 103,668 |  |  | $ | 68,252 |  |  | $ | 57,738 |  |  | $ | 360,683 |
Net investment (loss) |  |  | (131,025 | ) |  |  | (103,668 | ) |  |  | (68,252 | ) |  |  | (57,738 | ) |  |  | (360,683 | )
Net realized and unrealized gain (loss) from: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net realized gain in Bitcoin |  |  | 95,096 |  |  |  | 67,520 |  |  |  | 31,890 |  |  |  | 21,558 |  |  |  | 216,064 |
Net change in unrealized appreciation (depreciation) on investment in Bitcoin |  |  | (284,294 | ) |  |  | (17,156,233 | ) |  |  | 347,631 |  |  |  | (1,874,275 | ) |  |  | (18,967,171 | )
Net realized and unrealized gain (loss) on investment |  |  | (189,198 | ) |  |  | (17,088,713 | ) |  |  | 379,521 |  |  |  | (1,852,717 | ) |  |  | (18,751,107 | )
Net increase (decrease) in net assets resulting from operations |  | $ | (320,223 | ) |  | $ | (17,192,381 | ) |  | $ | 311,269 |  |  | $ | (1,910,455 | ) |  | $ | (19,111,790 | )

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//270/tableOfContent + Details
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