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Fair Value of Ethereum - Changes in Quantity of ETH and Respective Fair Value (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
USD ($)
Ethereum
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
Ethereum
Jun. 30, 2021
USD ($)
Ethereum
Dec. 31, 2021
USD ($)
Ethereum
Fair Value Disclosures [Abstract]          
Investment Owned ,Balance | Ethereum     3,114,532.09753906 2,937,122.40311770 2,937,122.40311770
ETH contributed | Ethereum     0   255,555.46585612
ETH distributed for Sponsor's Fee, related party | Ethereum     (38,374.61769221)   (78,145.77143476)
Investment Owned ,Balance | Ethereum 3,076,157.47984685   3,076,157.47984685   3,114,532.09753906
Investment Owned, at Fair Value     $ 11,351,691 $ 2,188,127 $ 2,188,127
ETH contributed     0   434,615
ETH distributed for Sponsor's Fee, related party     (98,957)   (217,445)
Net change in unrealized (depreciation) appreciation on investment in Ethereum $ (7,020,891) $ 1,055,804 (8,198,749) 4,470,179 8,760,878
Net realized gain on investment in Ethereum 34,658 $ 42,803 82,834 $ 65,026 185,516
Investment Owned, at Fair Value $ 3,136,819   $ 3,136,819   $ 11,351,691