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Subsequent Events
6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

10. Subsequent Events

On July 22, 2022, the Trust filed an 8-K notifying Shareholders that on July 19, 2022, the Sponsor made a change to the group of exchanges from which the Fund identifies the principal market for valuation of the Fund’s crypto assets. Previously, the Sponsor had selected the following exchanges: BitFlyer, Binance, Bitstamp, Bittrex, Coinbase, itBit, Kraken, Gemini and Poloniex. After a review conducted in the ordinary course of business the Sponsor determined to make the following changes to this group of exchanges effective as of July 19, 2022: Poloniex will no longer be included, and FTX, FTX.US and LMAX will now be included.

With the exception of the event reported above, the Sponsor has evaluated subsequent events through August 5, 2022, the date the financial statements were available to be issued, and has determined that there are no other subsequent events that require disclosure.