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STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
(Decrease) Increase in net assets from operations:          
Net investment loss $ (42,739) $ (51,089) $ (98,957) $ (80,359)  
Net realized gain on investment in Ethereum 34,658 42,803 82,834 65,026 $ 185,516
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 (decrease) increase in net assets resulting from operations (7,028,972) 1,047,518 (8,214,872) 4,454,846  
Increase in net assets from capital share transactions:          
Shares issued 0 0 0 434,615  
Net increase in net assets resulting from capital share transactions 0 0 0 434,615  
Total (decrease) increase in net assets from operations and capital share transactions (7,028,972) 1,047,518 (8,214,872) 4,889,461  
Net assets:          
Beginning of period 10,165,791 6,030,070 11,351,691 2,188,127 2,188,127
End of period $ 3,136,819 $ 7,077,588 $ 3,136,819 $ 7,077,588 $ 11,351,691
Change in Shares outstanding:          
Shares outstanding at beginning of period 310,158,500 310,158,500 310,158,500 285,269,400 285,269,400
Shares issued 0 0 0 24,889,100  
Net increase in Shares 0 0 0 24,889,100  
Shares outstanding at end of period 310,158,500 310,158,500 310,158,500 310,158,500 310,158,500