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FAIR VALUE OF FINANCIAL INSTRUMENTS - Summary of valuation of BNO'S securities (Details) - USD ($)	Mar. 31, 2025	Dec. 31, 2024
FAIR VALUE OF FINANCIAL INSTRUMENTS
Short-Term Investments	$ 50,000,000	$ 75,000,000
Exchange-Traded Futures Contracts
Foreign Contracts	5,414,320	2,601,040
Level I
FAIR VALUE OF FINANCIAL INSTRUMENTS
Short-Term Investments	50,000,000	75,000,000
Exchange-Traded Futures Contracts
Foreign Contracts	5,414,320	2,601,040
Level II
FAIR VALUE OF FINANCIAL INSTRUMENTS
Short-Term Investments	0	0
Exchange-Traded Futures Contracts
Foreign Contracts	0	0
Level III
FAIR VALUE OF FINANCIAL INSTRUMENTS
Short-Term Investments	0	0
Exchange-Traded Futures Contracts
Foreign Contracts	$ 0	$ 0

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