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Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net Income (Loss) $ (7,494,344) $ (11,434,786)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Cost of Ether purchased (9,838,015) (3,057,028)
Proceeds from Ether sold to pay Sponsor Fee 15,501 15,068
Proceeds from Ether sold for Redemptions 9,295,872 1,450,911
Net Realized (Gain) Loss on Investments in Ether Sold to pay Sponsor Fee 3,374 2,850
Net Realized (Gain) Loss on Investments in Ether Sold for Redemptions 3,620,411 854,055
Net Change in Unrealized (Gain) Loss on Investments in Ether 3,856,308 10,565,458
Change in operating assets and liabilities:    
Accrued Sponsor Fee (1,251) (2,647)
Net cash provided by (used in) operating activities (542,144) (1,606,119)
Cash flows from financing activities:    
Proceeds from purchases of Shares 9,837,984 3,057,028
Redemption of Shares (9,295,840) (1,450,909)
Net cash provided by (used in) financing activities 542,144 1,606,119
Net change in cash 0 0
Cash at beginning of period 0 0
Cash at end of period $ 0 $ 0