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Note 2 - Significant Accounting Policies - Activity in Bitcoin (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Sep. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Beginning balance 696,875   551,918 306,979   0 551,918 0
Beginning balance, average cost $ 53,376,118,281   $ 37,372,942,571 $ 17,749,065,590   $ 0 $ 37,372,942,571 $ 0
Beginning balance, fair value $ 74,720,071,026   51,530,013,513 $ 19,453,015,133   0 $ 51,530,013,513 $ 0
Bitcoin purchased 86,526 [1]     60,053     277,414 [1] 367,805
Bitcoin purchased, average cost $ 10,027,666,255 [1]     $ 3,796,560,491     $ 29,274,422,450 [1] $ 21,589,313,309
Bitcoin purchased, fair value $ 10,027,666,255 [1]     $ 3,796,560,491     $ 29,274,422,450 [1] $ 21,589,313,309
Bitcoin sold for the redemption of shares (12,944)     (391)     (58,162) (1,031)
Bitcoin sold for the redemption of shares, average cost $ (1,031,277,204)     $ (22,898,817)     $ (4,224,068,823) $ (59,047,292)
Bitcoin sold for the redemption of shares, fair value (1,475,656,961)     (22,812,387)     (5,547,231,539) (59,833,750)
Bitcoin sold for the redemption of shares, realized gain (loss) $ 444,379,757     $ (86,430)     $ 1,323,162,716 $ 786,458
Bitcoin sold to pay expenses (446)     (193)     (1,159) (326)
Bitcoin sold to pay expenses, average cost $ (35,091,335)     $ (11,212,559)     $ (85,880,201) $ (18,751,312)
Bitcoin sold to pay expenses, fair value (50,019,045)     (10,650,112)     (116,935,988) (19,643,995)
Bitcoin sold to pay expenses, realized gain (loss) 14,927,710     (562,447)     31,055,787 892,683
Net realized gain (loss), fair value 459,307,467 [2] $ 262,071,190 632,839,846 (648,877) [3] $ 2,227,493 100,525 1,354,218,503 [4] 1,679,141 [5]
Net change in unrealized appreciation/depreciation, fair value $ 4,271,556,131 $ 14,244,730,958 (7,057,849,155) $ 119,089,128 $ (2,102,796,450) 3,806,745,993 $ 11,458,437,934 $ 1,823,038,671
Ending balance 770,011 696,875   366,448 306,979   770,011 366,448
Ending balance, average cost $ 62,337,415,997 $ 53,376,118,281   $ 21,511,514,705 $ 17,749,065,590   $ 62,337,415,997 $ 21,511,514,705
Ending balance, fair value 87,952,924,873 74,720,071,026   23,334,553,376 19,453,015,133   87,952,924,873 23,334,553,376
Ending balance, realized gain (loss) $ 459,307,467 [2] $ 262,071,190 $ 632,839,846 $ (648,877) [3] $ 2,227,493 $ 100,525 $ 1,354,218,503 [4] $ 1,679,141 [5]
[1] Includes Bitcoin purchased for Shares issued of $1,526,838,414.
[2] Includes $462,736,525 of realized gains and $(3,429,058) of realized losses.
[3] Includes $2,603,378 of realized gains and $(3,252,255) of realized losses.
[4] Includes $1,465,817,600 of realized gains and $(111,599,097) of realized losses.
[5] Includes $7,965,631 of realized gains and $(6,286,490) of realized losses.