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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Summary of Fair Value Estimates

The availability of valuation techniques and observable inputs can vary by investment. To the extent that valuations are based on sources that are less observable or unobservable in the market, the determination of fair value requires more judgment. Fair value estimates do not necessarily represent the amounts that may be ultimately realized by the Fund.

 

 

 

 

 

Fair Value Measurement Using

 

(Amounts in thousands)

 

Amount at
Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

September 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Investment in Bitcoin

 

$

545,745

 

 

$

545,745

 

 

$

-

 

 

$

-

 

Investment in Ether

 

 

120,444

 

 

 

120,444

 

 

 

-

 

 

 

-

 

Investment in XRP

 

 

40,543

 

 

 

40,543

 

 

 

-

 

 

 

-

 

Investment in SOL

 

 

26,955

 

 

 

26,955

 

 

 

-

 

 

 

-

 

Investment in ADA

 

 

6,948

 

 

 

6,948

 

 

 

-

 

 

 

-

 

 

 

$

740,635

 

 

$

740,635

 

 

$

-

 

 

$

-

 

June 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Investment in Bitcoin

 

$

620,419

 

 

$

620,419

 

 

$

-

 

 

$

-

 

Investment in Ether

 

 

88,088

 

 

 

88,088

 

 

 

-

 

 

 

-

 

Investment in XRP

 

 

39,140

 

 

 

39,140

 

 

 

-

 

 

 

-

 

Investment in SOL

 

 

23,417

 

 

 

23,417

 

 

 

-

 

 

 

-

 

Investment in ADA

 

 

6,158

 

 

 

6,158

 

 

 

-

 

 

 

-

 

 

 

$

777,222

 

 

$

777,222

 

 

$

-

 

 

$

-