XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.2
Quarterly Statements of Operations
12 Months Ended
Jun. 30, 2025
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Statements of Operations

8. Quarterly Statements of Operations

Fiscal Year Ended June 30, 2025

 

 

Three Months Ended
(unaudited)

 

 

 

 

(Amounts in thousands)

 

Sept-30, 2024

 

 

Dec-31, 2024

 

 

Mar-31, 2025

 

 

Jun-30, 2025

 

 

Year Ended
June 30,
2025

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sponsor’s Fee, related party

 

$

782

 

 

$

1,027

 

 

$

897

 

 

$

959

 

 

$

3,665

 

Net investment loss

 

$

(782

)

 

$

(1,027

)

 

$

(897

)

 

$

(959

)

 

$

(3,665

)

Net realized and unrealized (loss) gain from:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized (loss) gain on investment in BCH

 

 

(86

)

 

 

108

 

 

 

(45

)

 

 

6

 

 

 

(17

)

Net change in unrealized (depreciation) appreciation on investment in BCH

 

 

(18,005

)

 

 

34,484

 

 

 

(52,339

)

 

 

84,506

 

 

 

48,646

 

Net realized and unrealized (loss) gain on investment

 

 

(18,091

)

 

 

34,592

 

 

 

(52,384

)

 

 

84,512

 

 

 

48,629

 

Net (decrease) increase in net assets resulting from operations

 

$

(18,873

)

 

$

33,565

 

 

$

(53,281

)

 

$

83,553

 

 

$

44,964

 

 

Fiscal Year Ended June 30, 2024

 

 

Three Months Ended
(unaudited)

 

 

 

 

(Amounts in thousands)

 

Sept-30, 2023

 

 

Dec-31, 2023

 

 

Mar-31, 2024

 

 

Jun-30, 2024

 

 

Year Ended
June 30,
2024

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sponsor’s Fee, related party

 

$

433

 

 

$

447

 

 

$

605

 

 

$

984

 

 

$

2,469

 

Net investment loss

 

$

(433

)

 

$

(447

)

 

$

(605

)

 

$

(984

)

 

$

(2,469

)

Net realized and unrealized (loss) gain from:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized (loss) gain on investment in BCH

 

 

(281

)

 

 

(263

)

 

 

(96

)

 

 

190

 

 

 

(450

)

Net change in unrealized (depreciation) appreciation on investment in BCH

 

 

(19,915

)

 

 

7,614

 

 

 

120,692

 

 

 

(85,186

)

 

 

23,205

 

Net realized and unrealized (loss) gain on investment

 

 

(20,196

)

 

 

7,351

 

 

 

120,596

 

 

 

(84,996

)

 

 

22,755

 

Net (decrease) increase in net assets resulting from operations

 

$

(20,629

)

 

$

6,904

 

 

$

119,991

 

 

$

(85,980

)

 

$

20,286