Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Investment income:
Investment income	$ 0	$ 0	$ 0	$ 0
Expenses:
Sponsor's Fee, related party	1,973	1,365	3,964	2,876
Net investment loss	(1,973)	(1,365)	(3,964)	(2,876)
Net realized and unrealized (loss) gain from:
Net realized gain on investment in ETC	1,436	812	2,886	1,774
Net change in unrealized appreciation on investment in ETC	(121,879)	(12,304)	15,847	44,288
Net realized and unrealized (loss) gain on investment	(120,443)	(11,492)	18,733	46,062
Net (decrease) increase in net assets resulting from operations	$ (122,416)	$ (12,857)	$ 14,769	$ 43,186