XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.4
Statements of Changes in Net Assets - USD ($)
$ in Thousands
 1 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2025
Dec. 31, 2024
Statement of Stockholders' Equity [Abstract]      
Net assets, beginning of period $ 4,352,288 [1]
Net assets, end of period [1] $ 3,305,323 $ 4,352,288
Shares issued and redeemed      
Shares issued (in Shares) 6 [2],[3] 172,675,000 286,680,000 [3],[4]
Shares redeemed (in Shares) (198,990,000) (146,610,006) [3],[4]
Net increase (decrease) in Shares issued and outstanding (in Shares) 6 [3] (26,315,000) 140,069,994 [3]
Contributions for Shares issued [1] $ 5,811,509 $ 5,904,040 [4]
Distributions for Shares redeemed (6,636,170) [4] (3,443,401)
Net investment loss (9,767) (5,832)
Net realized gain on investment in bitcoin sold to pay Sponsor fee 1,924 825
Net realized gain on investment in bitcoin sold for redemptions 1,234,569 621,878 [5]
Net change in unrealized appreciation (depreciation) on investment in bitcoin $ (1,449,030) $ 1,274,778 [5]
[1] Amount rounds to less than $1,000.
[2] Amount rounds to less than $1,000.
[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.
[4] 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.
[5] No comparative statement for 2023 has been provided as 2024 is the first fiscal year of the Trust’s operations