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Certificate Liabilities - Schedule of Fair Value of the Certificate Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CoinShares XBT Provider    
Total XBT Certificate Liabilities $ 2,465,007 $ 3,695,537
CoinShares Physical    
Total CS Physical certificate liabilities 2,041,154 1,453,943
CoinShares XBT Provider Physical    
Total XBT CS Physical Certificate Liabilities 1,279
CoinShares XBTP - Bitcoin [Member]    
CoinShares XBT Provider    
Total XBT Certificate Liabilities 1,768,572 2,675,425
CoinShares XBTP - Ethereum [Member]    
CoinShares XBT Provider    
Total XBT Certificate Liabilities 696,435 1,020,112
CoinShares Physical - Bitcoin [Member]    
CoinShares Physical    
Total CS Physical certificate liabilities 1,222,197 773,007
CoinShares Physical - Staked Ethereum [Member]    
CoinShares Physical    
Total CS Physical certificate liabilities 291,152 278,318
CoinShares Physical - Staked Solana [Member]    
CoinShares Physical    
Total CS Physical certificate liabilities 189,058 127,568
CoinShares Physical - XRP [Member]    
CoinShares Physical    
Total CS Physical certificate liabilities 226,084 144,313
CoinShares Physical - Other [Member]    
CoinShares Physical    
Total CS Physical certificate liabilities 112,663 130,737
CS XBTP Physical Staked Solana [Member]    
CoinShares XBT Provider Physical    
Total XBT CS Physical Certificate Liabilities 613
CS XBTP Physical Other [Member]    
CoinShares XBT Provider Physical    
Total XBT CS Physical Certificate Liabilities $ 666