Investments in Ether (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Investments [Abstract]

Summary of Transactions and Earnings from Investments in Ether

The following is a summary of the transactions in, and earnings from, investments in ether for the three months ended March 31, 2026 and 2025.

	Fair Value
Opening Balance as of 12/31/2025	$	25,853,745
Purchases at Cost		9,838,015
Proceeds from Sales to Pay Sponsor Fee		(15,501	)
Proceeds from Ether sold for Redemptions		(9,295,872	)
Change in Unrealized Appreciation (Depreciation)		(3,856,308	)
Net Realized Gain (Loss) on Investments in Ether Sold to pay Sponsor Fee		(3,374	)
Net Realized Gain (Loss) on Investments in Ether Sold for Redemptions		(3,620,411	)
Ending Balance as of 03/31/2026	$	18,900,294

	Fair Value
Opening Balance as of 12/31/2024	$	23,569,250
Purchases at Cost		3,057,028
Proceeds from Sales to Pay Sponsor Fee		(15,068	)
Proceeds from Ether sold for Redemptions		(1,450,911	)
Change in Unrealized Appreciation (Depreciation)		(10,565,458	)
Net Realized Gain (Loss) on Investments in Ether Sold to pay Sponsor Fee		(2,850	)
Net Realized Gain (Loss) on Investments in Ether Sold for Redemptions		(854,055	)
Ending Balance as of 03/31/2025	$	13,737,936