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Creations and Redemptions of Shares - Schedule of Activity in Value of Shares Issued and Redeemed (Details)
$ in Thousands
2 Months Ended
Sep. 30, 2024
USD ($)
[1]
Equity [Abstract]  
Shares issued $ 443,672
Shares issued from Initial Distribution 1,756,821 [2]
Shares redeemed (23,283)
Net increase in net assets resulting from capital share transactions $ 2,177,210
[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 31, 2024. Prior to the commencement of operations on July 31, 2024, the Sponsor redeemed the initial seed capital of 10,000 shares for $100,000.
[2] Represents the impact of the Initial Distribution of 26,935.83753443 Bitcoin, with a value of approximately $1,756.8 million from Grayscale Bitcoin Trust (BTC), completed on July 31, 2024, as discussed in Note 4.