XML 43 R30.htm IDEA: XBRL DOCUMENT v3.25.4
The following represents the changes in quantity of bitcoin and the respective fair value: (Details)
12 Months Ended
Dec. 31, 2023
USD ($)
Unit
Dec. 31, 2025
USD ($)
Unit
Dec. 31, 2024
USD ($)
Unit
Crypto Asset, Holding [Line Items]      
Net Change in unrealized appreciation (depreciation) from investment in bitcoin [1] $ (184,888,192) $ 262,849,955
Net Realized gain on investments in bitcoin [1] $ 136,800,223 $ 45,222,195
Bitcoin [Member]      
Crypto Asset, Holding [Line Items]      
Beginning balance | Unit   8,849 [2]
Beginning balance, fair value   $ 826,306,338 [2]
Bitcoin purchased | Unit   1,089 10,386
Bitcoin purchased, fair value   $ 112,563,883 $ 632,012,875
Bitcoin sold for the redemption of Shares | Unit   (4,154) (1,523)
Bitcoin sold for the redemption of Shares, fair value   $ (383,592,918) $ (112,856,064)
Bitcoin transferred to pay the Sponsor fee | Unit   (17) (14)
Bitcoin transferred to pay the Sponsor fee, fair value   $ (1,699,428) $ (922,623)
Net Change in unrealized appreciation (depreciation) from investment in bitcoin   (184,888,192) 262,849,955
Net Realized gain on investments in bitcoin   $ 136,800,223 $ 45,222,195
Ending balance | Unit [2] 5,767 8,849
Ending balance, fair value [2] $ 505,489,906 $ 826,306,338
[1] The Trust had not commenced operations as of December 31, 2023.
[2] The Trust did not hold bitcoin as of or prior to January 1, 2024