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Certificate Liabilities - Schedule of Reconciliation of Certificates (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Schedule of Reconciliation of Certificates [Abstract]    
Opening position $ 5,149,480 $ 2,948,821
Closing position 4,507,440 5,149,480
Movement from net redemption of XBT Certificate Liabilities (971,063) (766,319)
Movement from net issuance of XBT CS Physical Certificate Liabilities 1,859
Movement from net issuance of CS Physical Certificate Liabilities 1,101,229 165,188
Management fee, net (87,830) (83,109)
(Gain)/loss on certificate liabilities (802,747) 2,910,985
Translation of foreign currency denominated holdings $ 116,512 $ (26,086)