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Statements of Financial Condition - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Assets    
Investments in Ether, at value (cost $22,471,959 and $19,846,885, respectively) $ 25,853,745 $ 23,569,250
Total Assets 25,853,745 23,569,250
Liabilities    
Accrued Sponsor's fee 5,564 5,997
Total Liabilities 5,564 5,997
Commitments and Contingencies (Note 9)
Net Assets 25,848,181 23,563,253
Net assets consist of:    
Paid-in-capital 23,562,084 19,469,136
Distributable earnings (loss) $ 2,286,097 $ 4,094,117
Shares outstanding 873,000 708,000
Net asset value per share $ 29.61 $ 33.28
Market value per share $ 29.59 $ 33.39