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Fair Value of Bitcoin Cash (Tables)
12 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Changes in Quantity of BCH and Respective Fair Value

The following represents the changes in quantity of BCH and the respective fair value:

 

(Amounts in thousands, except Bitcoin Cash amounts)

 

Bitcoin Cash

 

 

Fair Value

 

Balance at July 1, 2019

 

 

15,842.58440691

 

 

$

6,559

 

BCH contributed

 

 

10,587.83125930

 

 

 

2,779

 

BCH distributed for Sponsor's Fee, related party

 

 

(722.33300342

)

 

 

(197

)

Net change in unrealized depreciation on investment in BCH

 

 

-

 

 

 

(3,255

)

Net realized loss on investment in BCH

 

 

-

 

 

 

(201

)

Balance at June 30, 2020

 

 

25,708.08266279

 

 

$

5,685

 

BCH contributed

 

 

278,010.14128724

 

 

 

92,401

 

BCH distributed for Sponsor's Fee, related party

 

 

(5,312.24339110

)

 

 

(2,782

)

Net change in unrealized appreciation on investment in BCH

 

 

-

 

 

 

59,541

 

Net realized gain on investment in BCH

 

 

-

 

 

 

621

 

Balance at June 30, 2021

 

 

298,405.98055893

 

 

$

155,466

 

BCH contributed

 

 

21,839.80475225

 

 

 

11,124

 

BCH distributed for Sponsor's Fee, related party

 

 

(7,868.02534640

)

 

 

(3,330

)

Net change in unrealized depreciation on investment in BCH

 

 

-

 

 

 

(132,445

)

Net realized gain on investment in BCH

 

 

-

 

 

 

398

 

Balance at June 30, 2022

 

 

312,377.75996478

 

 

$

31,213