XML 14 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Statements of Income and Expenses - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income    
Total Income $ 0 $ 0
Expenses    
Sponsor Fees 406,973 181,501
Total Expenses 406,973 181,501
Less: Waivers 0 (181,501)
Net Expenses 406,973 0
Net Investment Income (Loss) (406,973) 0
Investment Company Realized and Net Change in Unrealized Gain (Loss) [Abstract]    
Investments in Bitcoin Sold to Pay Sponsor Fee 88,948 0
Investments in Bitcoin Sold for Redemptions 60,847,702 37,026,114
Net Realized Gain (Loss) 60,936,650 37,026,114
Net Change in Unrealized Gain (Loss) from Investments in Bitcoin (133,944,630) 148,790,853
Net Realized and Net Change in Unrealized Gain (Loss) from Investments in Bitcoin (73,007,980) 185,816,967
Net Income (Loss) $ (73,414,953) $ 185,816,967