Investment In Crypto Assets

6 Months Ended

Jun. 30, 2026

Investment In Crypto Assets [Abstract]

Investment in Crypto Assets

3. Investment in Crypto Assets

The following represents the changes in fair value of crypto assets held by the Trust during the six months ended June 30, 2026 and the period from February 14, 2025* through December 31, 2025:

	Fair Value
Beginning balance as of January 1, 2026	$	121,199,193
Purchases		122,898,580
Sales		(883,082	)
Realized Gain		—
Realized Loss		(591,072	)
Change in Unrealized Appreciation		—
Change in Unrealized Depreciation		(52,712,073	)
Ending balance as of June 30, 2026	$	189,911,546

	Fair Value
Beginning balance as of February 14, 2025*	$	—
Purchases		148,384,775
Sales		(25,459,678	)
Realized Gain		673,678
Realized Loss		(335,871	)
Change in Unrealized Appreciation		6,208,241
Change in Unrealized Depreciation		(8,271,952	)
Ending balance as of December 31, 2025	$	121,199,193

* Commencement of operations. No operations occurred prior to this date.