Creations and Redemptions of Shares (Tables)

2 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of activity in number of shares issued and redeemed

	July 31, 2024 (the commencement of the Trust’s operations) to September 30, 2024
Activity in Number of Shares Issued and Redeemed:
Shares issued		81,590,000
Shares issued from Initial Distribution(1)		303,690,100
Shares redeemed		(4,640,000	)
Net Change in Number of Shares Issued and Redeemed		380,640,100

(1)Represents the impact of the Initial Distribution of 26,935.83753443 Bitcoin, with a value of approximately $1,756.8 million from Grayscale Bitcoin Trust (BTC), completed on July 31, 2024, as discussed in Note 4.

Schedule of activity in value of shares issued and redeemed

(Amounts in thousands)	July 31, 2024 (the commencement of the Trust’s operations) to September 30, 2024
Activity in Value of Shares Issued and Redeemed:
Shares issued	$	443,672
Shares issued from Initial Distribution(1)		1,756,821
Shares redeemed		(23,283	)
Net Change in Value of Shares Issued and Redeemed	$	2,177,210

(1)Represents the impact of the Initial Distribution of 26,935.83753443 Bitcoin, with a value of approximately $1,756.8 million from Grayscale Bitcoin Trust (BTC), completed on July 31, 2024, as discussed in Note 4.

Investment owned balanced contract receivable

(Amounts in thousands)	As of September 30, 2024
Bitcoin receivable	$	-

Investment owned balanced contract payable

(Amounts in thousands)	As of September 30, 2024
Bitcoin payable	$	-