Statements of Financial Condition - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Assets
Investments in Ether, at value (cost $19,374,816 and $22,471,959, respectively)	$ 18,900,294	$ 25,853,745
Total Assets	18,900,294	25,853,745
Liabilities
Accrued Sponsor Fee	4,313	5,564
Total Liabilities	4,313	5,564
Commitments and Contingencies (Note 9)
Net Assets	18,895,981	25,848,181
Net assets consist of:
Paid-in-capital	24,104,228	23,562,084
Distributable earnings (loss)	(5,208,247)	2,286,097
Net Assets	$ 18,895,981	$ 25,848,181
Shares outstanding	903,000	873,000
Net asset value per share	$ 20.93	$ 29.61
Market value per share	$ 20.86	$ 29.59