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Note 2 - Significant Accounting Policies - Activity in Ether (Details)
1 Months Ended 3 Months Ended 4 Months Ended
Jun. 24, 2024
Jun. 30, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2024
USD ($)
Beginning balance   0 3,031 0
Beginning balance, average cost   $ 0 $ 10,000,000 $ 0
Beginning balance, fair value   0 $ 10,590,295 $ 0
Ether purchased 3,031   384,840 387,871
Ether purchased, average cost     $ 1,147,427,156 $ 1,157,427,156
Ether purchased, fair value     $ 1,147,427,156 $ 1,157,427,156
Ether sold to pay expenses     (28) (28)
Ether sold to pay expenses, average cost     $ (84,988) $ (84,988)
Ether sold to pay expenses, fair value     (63,328) (63,328)
Ether sold to pay expenses, realized gain (loss)     (21,660) (21,660)
Net realized loss, fair value     (21,660) (21,660)
Net change in unrealized appreciation/depreciation, fair value   $ 590,295 $ (138,509,122) $ (137,918,827)
Ending balance   3,031 387,843 387,843
Ending balance, average cost   $ 10,000,000 $ 1,157,342,168 $ 1,157,342,168
Ending balance, fair value   $ 10,590,295 1,019,423,341 [1] 1,019,423,341 [1]
Ending balance, realized gain (loss)     $ (21,660) $ (21,660)
[1] Cost of investment in ether: $1,157,342,168.