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Fair Value of Investments in Digital Assets - Changes in Quantity of Each Fund Component and Their Respective Fair Values (Details)
3 Months Ended 12 Months Ended
Apr. 03, 2024
USD ($)
Jan. 04, 2024
USD ($)
Oct. 04, 2023
USD ($)
Jul. 06, 2023
USD ($)
Apr. 05, 2023
USD ($)
Jan. 05, 2023
USD ($)
Oct. 05, 2022
USD ($)
Jul. 07, 2022
USD ($)
Apr. 05, 2022
USD ($)
Oct. 01, 2021
USD ($)
Jul. 01, 2021
USD ($)
Quantity
Jun. 30, 2024
USD ($)
Quantity
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Sep. 30, 2023
USD ($)
Quantity
Jun. 30, 2023
USD ($)
Quantity
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Sep. 30, 2022
USD ($)
Quantity
Jun. 30, 2024
USD ($)
Quantity
Jun. 30, 2023
USD ($)
Quantity
Jun. 30, 2022
USD ($)
Quantity
Summary Of Investment Holdings [Line Items]                                            
Balance at Fair Value                             $ 272,632,000         $ 272,632,000    
Net change in unrealized appreciation on investments in digital assets                       $ (70,306,000) $ 225,325,000 $ 134,194,000 (32,520,000) $ 11,690,000 $ 110,821,000 $ (30,709,000) $ 31,065,000 256,693,000 $ 122,867,000 $ (230,026,000)
Realized Investment Gains (Losses) $ (8,236,118) $ 7,968,963 $ 149,939 $ 906,943 $ 227,762 $ (7,304,129) $ 1,133,040 $ (14,895,069) $ 12,437,503 $ 14,980,028 $ 11,651,902 (5,574,000) $ 10,033,000 $ 1,343,000 $ 1,701,000 1,055,000 $ (6,745,000) $ 1,397,000 $ (14,421,000) 7,503,000 (18,714,000) $ 46,849,000
Balance at Fair Value end                       $ 526,956,000       $ 272,632,000       $ 526,956,000 $ 272,632,000  
Bitcoin                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     7,340.02142854       6,230.97866186       6,231.4365404 6,230.97866186 6,231.4365404 7,340.02142854
Quantity contributed | Quantity                                       0 0 13.24337963
Quantity distributed from portfolio rebalancing | Quantity                                       (87.42054382)   (955.65065367)
Quantity contributed from portfolio rebalancing | Quantity                                         157.11106568  
Quantity distributed for Manager's Fee, related party | Quantity                                       (153.06326914) (157.56894422) (166.1776141)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0 0 0
Quantity, Net realized gain (loss) on investment | Quantity                                       0 0 0
Quantity, Balance end | Quantity                       5,990.4948489       6,230.97866186       5,990.4948489 6,230.97866186 6,231.4365404
Balance at Fair Value                     $ 255,175,000       $ 189,185,000       $ 117,743,000 $ 189,185,000 $ 117,743,000 $ 255,175,000
Fair Value, contributed                                       0 0 612,000
Fair value, distributed from portfolio rebalancing                                       (2,751,000)   (40,252,000)
Fair value, contributed from portfolio rebalancing                                         3,049,000  
Fair Value, distributed for Manager's Fee, related party                                       (6,964,000) (3,549,000) (7,160,000)
Net change in unrealized appreciation on investments in digital assets                                       180,523,000 69,386,000 (125,363,000)
Realized Investment Gains (Losses)                                       10,994,000 2,556,000 34,731,000
Balance at Fair Value end                       $ 370,987,000       $ 189,185,000       $ 370,987,000 $ 189,185,000 $ 117,743,000
Ether                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     45,287.78133655       39,445.13266916       39,359.77040671 39,445.13266916 39,359.77040671 45,287.78133655
Quantity contributed | Quantity                                       0 0 77.55708625
Quantity distributed from portfolio rebalancing | Quantity                                           (4,990.48482039)
Quantity contributed from portfolio rebalancing | Quantity                                       (1,925.59571086) 1,087.50823575  
Quantity distributed for Manager's Fee, related party | Quantity                                       (941.94243493) (1,002.1459733) (1,015.0831957)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0 0 0
Quantity, Net realized gain (loss) on investment | Quantity                                       0 0 0
Quantity, Balance end | Quantity                       36,577.59452337       39,445.13266916       36,577.59452337 39,445.13266916 39,359.77040671
Balance at Fair Value                     $ 101,625,000       $ 75,964,000       $ 40,136,000 $ 75,964,000 $ 40,136,000 $ 101,625,000
Fair Value, contributed                                       0 0 252,000
Fair value, distributed from portfolio rebalancing                                           (12,204,000)
Fair value, contributed from portfolio rebalancing                                       (3,779,000) 1,095,000  
Fair Value, distributed for Manager's Fee, related party                                       (2,337,000) (1,568,000) (3,080,000)
Net change in unrealized appreciation on investments in digital assets                                       50,085,000 34,695,000 (59,012,000)
Realized Investment Gains (Losses)                                       5,272,000 1,606,000 12,555,000
Balance at Fair Value end                       $ 125,205,000       $ 75,964,000       $ 125,205,000 $ 75,964,000 $ 40,136,000
ADA                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     0       11,194,902.551275       10,916,582.900254 11,194,902.551275 10,916,582.900254 0
Quantity contributed | Quantity                                       0 0 20,953.270382
Quantity contributed from portfolio rebalancing | Quantity                                       (10,984,888.769029) 559,615.581934 11,178,490.637538
Quantity distributed for Manager's Fee, related party | Quantity                                       (210,013.782246) (281,295.930913) (282,861.007666)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0 0 0
Quantity, Net realized gain (loss) on investment | Quantity                                       0 0 0
Quantity, Balance end | Quantity                       0       11,194,902.551275       0 11,194,902.551275 10,916,582.900254
Balance at Fair Value                     $ 0       $ 3,195,000       $ 4,803,000 $ 3,195,000 $ 4,803,000 $ 0
Fair Value, contributed                                       0 0 46,000
Fair value, contributed from portfolio rebalancing                                       (6,478,000) 231,000 15,389,000
Fair Value, distributed for Manager's Fee, related party                                       (89,000) (108,000) (392,000)
Net change in unrealized appreciation on investments in digital assets                                       12,051,000 (1,401,000) (10,650,000)
Realized Investment Gains (Losses)                                       (8,679,000) (330,000) 410,000
Balance at Fair Value end                       $ 0       $ 3,195,000       $ 0 $ 3,195,000 $ 4,803,000
SOL                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     0       123,915.89529091       111,216.13265694 123,915.89529091 111,216.13265694 0
Quantity contributed | Quantity                                       0 0 0
Quantity contributed from portfolio rebalancing | Quantity                                       14,724.90144955 15,665.43529877 113,222.94565799
Quantity distributed for Manager's Fee, related party | Quantity                                       (3,292.00953097) (2,965.6726648) (2,006.81300105)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0 0 0
Quantity, Net realized gain (loss) on investment | Quantity                                       0 0 0
Quantity, Balance end | Quantity                       135,348.78720949       123,915.89529091       135,348.78720949 123,915.89529091 111,216.13265694
Balance at Fair Value                     $ 0       $ 2,366,000       $ 3,557,000 $ 2,366,000 $ 3,557,000 $ 0
Fair Value, contributed                                       0 0 0
Fair value, contributed from portfolio rebalancing                                       1,274,000 384,000 15,869,000
Fair Value, distributed for Manager's Fee, related party                                       (292,000) (73,000) (246,000)
Net change in unrealized appreciation on investments in digital assets                                       16,330,000 (1,186,000) (11,864,000)
Realized Investment Gains (Losses)                                       (104,000) (316,000) (202,000)
Balance at Fair Value end                       $ 19,574,000       $ 2,366,000       $ 19,574,000 $ 2,366,000 $ 3,557,000
MATIC                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                             2,926,029.61320324       0 2,926,029.61320324 0  
Quantity contributed | Quantity                                       0 0  
Quantity contributed from portfolio rebalancing | Quantity                                       (2,887,850.26244458) 2,979,195.2072644  
Quantity distributed for Manager's Fee, related party | Quantity                                       (38,179.35075866) (53,165.59406116)  
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0 0  
Quantity, Net realized gain (loss) on investment | Quantity                                       0 0  
Quantity, Balance end | Quantity                       0       2,926,029.61320324       0 2,926,029.61320324 0
Balance at Fair Value                             $ 1,922,000       $ 0 $ 1,922,000 $ 0  
Fair Value, contributed                                       0 0  
Fair value, contributed from portfolio rebalancing                                       (2,486,000) 2,524,000  
Fair Value, distributed for Manager's Fee, related party                                       (26,000) (51,000)  
Net change in unrealized appreciation on investments in digital assets                                       565,000 (565,000)  
Realized Investment Gains (Losses)                                       25,000 14,000  
Balance at Fair Value end                       $ 0       $ 1,922,000       $ 0 $ 1,922,000 $ 0
DOT                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     0       0       328,187.49357863 0 328,187.49357863 0
Quantity contributed | Quantity                                         0 0
Quantity distributed from portfolio rebalancing | Quantity                                         (328,052.64509826)  
Quantity contributed from portfolio rebalancing | Quantity                                           330,149.03708006
Quantity distributed for Manager's Fee, related party | Quantity                                         (134.84848037) (1,961.54350143)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                         0 0
Quantity, Net realized gain (loss) on investment | Quantity                                         0 0
Quantity, Balance end | Quantity                               0         0 328,187.49357863
Balance at Fair Value                     $ 0       $ 0       $ 2,235,000 $ 0 $ 2,235,000 $ 0
Fair Value, contributed                                         0 0
Fair value, distributed from portfolio rebalancing                                         (2,247,000)  
Fair value, contributed from portfolio rebalancing                                           7,576,000
Fair Value, distributed for Manager's Fee, related party                                         (1,000) (24,000)
Net change in unrealized appreciation on investments in digital assets                                         5,103,000 (5,103,000)
Realized Investment Gains (Losses)                                         (5,090,000) (214,000)
Balance at Fair Value end                               $ 0         $ 0 $ 2,235,000
AVAX                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     0       0       88,973.97836461 0 88,973.97836461 0
Quantity contributed | Quantity                                       0 0 0
Quantity distributed from portfolio rebalancing | Quantity                                       116,340.93500452 (87,745.50702693)  
Quantity contributed from portfolio rebalancing | Quantity                                           89,505.76684675
Quantity distributed for Manager's Fee, related party | Quantity                                       (1,385.27021072) (1,228.47133768) (531.78848214)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0 0 0
Quantity, Net realized gain (loss) on investment | Quantity                                       0 0 0
Quantity, Balance end | Quantity                       114,955.6647938       0       114,955.6647938 0 88,973.97836461
Balance at Fair Value                     $ 0       $ 0       $ 1,445,000 $ 0 $ 1,445,000 $ 0
Fair Value, contributed                                       0 0 0
Fair value, distributed from portfolio rebalancing                                       4,338,000 (974,000)  
Fair value, contributed from portfolio rebalancing                                           8,665,000
Fair Value, distributed for Manager's Fee, related party                                       (53,000) (21,000) (23,000)
Net change in unrealized appreciation on investments in digital assets                                       (1,014,000) 6,936,000 (6,936,000)
Realized Investment Gains (Losses)                                       2,000 (7,386,000) (261,000)
Balance at Fair Value end                       $ 3,273,000       $ 0       $ 3,273,000 $ 0 $ 1,445,000
LTC                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     26,184.80079374       0       23,725.08718334 0 23,725.08718334 26,184.80079374
Quantity contributed | Quantity                                         0 47.39510812
Quantity distributed from portfolio rebalancing | Quantity                                         (23,715.33881688) (1,901.21497737)
Quantity distributed for Manager's Fee, related party | Quantity                                         (9.74836646) (605.89374115)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                         0 0
Quantity, Net realized gain (loss) on investment | Quantity                                         0 0
Quantity, Balance end | Quantity                               0         0 23,725.08718334
Balance at Fair Value                     $ 3,707,000       $ 0       $ 1,220,000 $ 0 $ 1,220,000 $ 3,707,000
Fair Value, contributed                                         0 9,000
Fair value, distributed from portfolio rebalancing                                         (1,177,000) (281,000)
Fair Value, distributed for Manager's Fee, related party                                         (1,000) (83,000)
Net change in unrealized appreciation on investments in digital assets                                         574,000 (2,315,000)
Realized Investment Gains (Losses)                                         (616,000) 183,000
Balance at Fair Value end                               $ 0         $ 0 $ 1,220,000
UNI                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     0       0       232,687.02308212 0 232,687.02308212 0
Quantity contributed | Quantity                                         0 0
Quantity distributed from portfolio rebalancing | Quantity                                         (232,591.41465073)  
Quantity contributed from portfolio rebalancing | Quantity                                           236,778.41720026
Quantity distributed for Manager's Fee, related party | Quantity                                         (95.60843139) (4,091.39411814)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                         0 0
Quantity, Net realized gain (loss) on investment | Quantity                                         0 0
Quantity, Balance end | Quantity                               0         0 232,687.02308212
Balance at Fair Value                     $ 0       $ 0       $ 1,122,000 $ 0 $ 1,122,000 $ 0
Fair Value, contributed                                         0 0
Fair value, distributed from portfolio rebalancing                                         (1,236,000)  
Fair value, contributed from portfolio rebalancing                                           5,483,000
Fair Value, distributed for Manager's Fee, related party                                         0 (54,000)
Net change in unrealized appreciation on investments in digital assets                                         3,937,000 (3,937,000)
Realized Investment Gains (Losses)                                         (3,823,000) (370,000)
Balance at Fair Value end                               $ 0         $ 0 $ 1,122,000
LINK                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     153,327.61595468       0       158,987.59087114 0 158,987.59087114 153,327.61595468
Quantity contributed | Quantity                                         0 310.461329
Quantity distributed from portfolio rebalancing | Quantity                                         (158,922.26469191)  
Quantity contributed from portfolio rebalancing | Quantity                                           9,391.16255779
Quantity distributed for Manager's Fee, related party | Quantity                                         (65.32617923) (4,041.64897033)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                         0 0
Quantity, Net realized gain (loss) on investment | Quantity                                         0 0
Quantity, Balance end | Quantity                               0         0 158,987.59087114
Balance at Fair Value                     $ 2,956,000       $ 0       $ 960,000 $ 0 $ 960,000 $ 2,956,000
Fair Value, contributed                                         0 8,000
Fair value, distributed from portfolio rebalancing                                         (989,000)  
Fair value, contributed from portfolio rebalancing                                           143,000
Fair Value, distributed for Manager's Fee, related party                                         (1,000) (78,000)
Net change in unrealized appreciation on investments in digital assets                                         3,726,000 (2,016,000)
Realized Investment Gains (Losses)                                         (3,696,000) (53,000)
Balance at Fair Value end                               $ 0         $ 0 $ 960,000
BCH                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                     7,379.46217362       0       6,314.20828653 0 6,314.20828653 7,379.46217362
Quantity contributed | Quantity                                         0 13.60904594
Quantity distributed from portfolio rebalancing | Quantity                                         (6,311.6138507) (906.97968581)
Quantity distributed for Manager's Fee, related party | Quantity                                         (2.59443583) (171.88324722)
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                         0 0
Quantity, Net realized gain (loss) on investment | Quantity                                         0 0
Quantity, Balance end | Quantity                               0         0 6,314.20828653
Balance at Fair Value                     $ 3,845,000       $ 0       $ 631,000 $ 0 $ 631,000 $ 3,845,000
Fair Value, contributed                                         0 8,000
Fair value, distributed from portfolio rebalancing                                         (660,000) (388,000)
Fair Value, distributed for Manager's Fee, related party                                         0 (74,000)
Net change in unrealized appreciation on investments in digital assets                                         1,662,000 (2,830,000)
Realized Investment Gains (Losses)                                         (1,633,000) 70,000
Balance at Fair Value end                               $ 0         $ 0 $ 631,000
XRP                                            
Summary Of Investment Holdings [Line Items]                                            
Quantity, Balance | Quantity                             0         0    
Quantity contributed | Quantity                                       0    
Quantity distributed from portfolio rebalancing | Quantity                                       16,922,626.498281    
Quantity distributed for Manager's Fee, related party | Quantity                                       (203,318.578941)    
Quantity net change in unrealized (depreciation) appreciation on investment | Quantity                                       0    
Quantity, Net realized gain (loss) on investment | Quantity                                       0    
Quantity, Balance end | Quantity                       16,719,307.91934       0       16,719,307.91934 0  
Balance at Fair Value                             $ 0         $ 0    
Fair Value, contributed                                       0    
Fair value, distributed from portfolio rebalancing                                       9,882,000    
Fair Value, distributed for Manager's Fee, related party                                       (111,000)    
Net change in unrealized appreciation on investments in digital assets                                       (1,847,000)    
Realized Investment Gains (Losses)                                       (7,000)    
Balance at Fair Value end                       $ 7,917,000       $ 0       $ 7,917,000 $ 0