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STATEMENT OF OPERATIONS
$ in Thousands
 5 Months Ended
Dec. 31, 2024
USD ($)
 [1]
Investment income:  
Investment income $ 0
Expenses:  
Sponsor's Fee, related party 1,637
Net investment loss (1,637) [2]
Net realized and unrealized gain from:  
Net realized gain on investment in Bitcoin sold to pay expenses 204 [2]
Net realized gain on investment in Bitcoin sold for redemption of Shares 90,723 [2]
Net change in unrealized appreciation on investment in Bitcoin 889,077 [2]
Net realized and unrealized gain on investment 980,004
Net increase in net assets resulting from operations $ 978,367
[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] 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.