XML 58 R41.htm IDEA: XBRL DOCUMENT v3.25.0.1
Creations and Redemptions of Shares - Schedule of Activity in Number of Shares Issued and Redeemed (Details) - shares
 5 Months Ended
Jul. 31, 2024
Dec. 31, 2024
Equity [Abstract]    
Shares issued 10,000 37,456,000 [1],[2],[3]
Shares issued from Initial Distribution [1],[2],[3],[4],[5]   60,738,020
Shares redeemed [1],[2],[3]   (12,424,057)
Net increase in Shares [1],[2],[3]   85,769,963
[1] Share amounts have been retroactively adjusted to reflect the 1-for-5 Reverse Share Split of the Trust’s issued and outstanding Shares completed on November 19, 2024.
[2] 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.
[3] Share amounts have been retroactively adjusted to reflect the 1-for-5 Reverse Share Split of the Trust’s issued and outstanding Shares completed on November 19, 2024.
[4] 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 ETF, completed on July 31, 2024, as discussed in Note 4.
[5] 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 ETF, completed on July 31, 2024, as discussed in Note 4.