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Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Investment income:      
Investment income
Expenses:      
Sponsor's fee, related party 360,561 360,683 615,420
Net investment loss (360,561) (360,683) (615,420)
Net realized and unrealized gain (loss) from:      
Net realized gain on investment in Bitcoin 218,806 216,064 470,168
Net change in unrealized appreciation (depreciation) on investment in Bitcoin 16,027,962 (18,967,171) 10,099,600
Net realized and unrealized gain (loss) on investment 16,246,768 (18,751,107) 10,569,768
Net increase (decrease) in net assets resulting from operations $ 15,886,207 $ (19,111,790) $ 9,954,348