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Statements of Financial Condition - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Assets    
Investments in Bitcoin, at value (cost $332,467,057 as of June 30, 2024) $ 435,244,053 $ 0
Cash held by custodian   100,000
Total Assets 435,244,053 100,000
Payable for:    
Commitments and Contingencies (Note 9)
Net Assets 435,244,053 100,000
Net assets consist of:    
Paid-in-capital 298,409,051 100,000
Distributable earnings (loss) 136,835,002  
Net Assets $ 435,244,053 $ 100,000
Shares outstanding 6,945,000 4,000
Net asset value per share $ 62.67 [1] $ 25
Market value per share $ 59.94 [2] $ 25
[1] For financial reporting purposes, the Trust values transactions based upon the end of reporting period price in the market. Accordingly, the investment valuations in these financial statements may differ from those used in the calculation of certain of the Trust’s final creation and redemption NAVs.
[2] The mean between the last bid and ask prices.