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Statements of Assets and Liabilities - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Investment in bitcoin, at fair value (cost $3,479,646, and $3,077,870, respectively) $ 3,305,394 $ 4,352,648
Bitcoin sold receivable 76,534 11,227
Total assets 3,381,928 4,363,875
Liabilities    
Capital shares payable 76,534 11,229
Sponsor fee payable 71 358
Total liabilities 76,605 11,587
Commitments and contingent liabilities (Note 9)
Net assets 3,305,323 4,352,288
Net assets consists of    
Paid-in-capital 1,635,978 2,460,639
Accumulated earnings 1,669,345 1,891,649
Net assets $ 3,305,323 $ 4,352,288
Shares issued and outstanding, no par value, unlimited amount authorized (in Shares) 113,755,000 140,070,000 [1]
Net asset value per share (in Dollars per share) $ 29.06 $ 31.07 [1],[2],[3]
[1] On June 13, 2025, the Share Split occurred. Historical shares outstanding and NAV per share have been adjusted to reflect the Share Split on a retroactive basis.
[2] No per share performance information for 2023 has been provided as 2024 is the first fiscal year of the Trust’s operations.
[3] On June 13, 2025 the Share Split occurred. Historical shares outstanding and NAV per share have been adjusted to reflect the Share Split on a retroactive basis.