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Note 2 - Significant Accounting Policies - Activity in Ether (Details)
7 Months Ended
Jun. 24, 2024
Dec. 31, 2024
USD ($)
Beginning balance   0
Beginning balance, average cost   $ 0
Beginning balance, fair value   $ 0
Ether purchased 3,031 1,118,503
Ether purchased, average cost   $ 3,695,230,461
Ether purchased, fair value   $ 3,695,230,461
Ether sold for the redemption of shares   (46,952)
Ether sold for the redemption of shares, average cost   $ (150,918,814)
Ether sold for the redemption of shares, fair value   (158,481,171)
Ether sold for the redemption of shares, realized gain (loss)   $ 7,562,357
Ether sold to pay expenses   (136)
Ether sold to pay expenses, average cost   $ (409,372)
Ether sold to pay expenses, fair value   (387,302)
Ether sold to pay expenses, realized gain (loss)   (22,070)
Net realized gain, fair value [1]   7,540,287
Net change in unrealized appreciation/depreciation, fair value   $ 27,767,502
Ending balance   1,071,415
Ending balance, average cost   $ 3,543,902,275
Ending balance, fair value [2]   3,571,669,777
Ending balance, realized gain (loss) [1]   $ 7,540,287
[1] Includes $13,225,392 of realized gains and $(5,685,105) of realized losses.
[2] Cost of investment in ether: $3,543,902,275.