Financial Statements and Supplementary Data.
−Removed: The following table shows the Trust’s quarterly financial information for 2024.
+Added: The following tables show the Trust’s quarterly financial information for 2025 and 2024.
Three Months Ended (Unaudited)
5 unchanged sentences
Net Realized and Unrealized Gain (Loss)
+Added: Net realized gain from:
+Added: Bitcoin sold to pay expenses
+Added: Bitcoin sold for the redemption of Shares
+Added: Bitcoin paid for the in-kind redemptions of Shares
+Added: Net realized gain
+Added: 1,289,208,807
+Added: Net change in unrealized appreciation/depreciation on investment in bitcoin
+Added: (7,057,849,155
+Added: 14,244,730,958
+Added: 4,271,556,131
+Added: (22,895,988,405
+Added: Net realized and unrealized gain (loss)
+Added: (6,425,009,309
+Added: 14,506,802,148
+Added: 4,730,863,598
+Added: (21,606,779,598
+Added: Net increase (decrease) in net assets resulting from operations
+Added: (6,457,874,778
+Added: 14,468,115,204
+Added: 4,677,568,276
+Added: (21,656,495,687
+Added: Net increase (decrease) in net assets per Share
+Added: Three Months Ended (Unaudited)
+Added: September 30,
+Added: Sponsor’s fees
+Added: Sponsor’s fees waived
+Added: Total expenses
+Added: Net investment loss
+Added: Net Realized and Unrealized Gain (Loss)
Net realized gain (loss) from:
19 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.