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Note 2 - Significant Accounting Policies - Activity in Ether (Details)
3 Months Ended
Jun. 24, 2024
Mar. 31, 2025
USD ($)
Beginning balance   1,071,415
Beginning balance, average cost   $ 3,543,902,275
Beginning balance, fair value [1]   $ 3,571,669,777
Ether purchased 3,031 302,532
Ether purchased, average cost   $ 938,629,210
Ether purchased, fair value   $ 938,629,210
Ether sold for the redemption of shares   (181,672)
Ether sold for the redemption of shares, average cost   $ (593,395,677)
Ether sold for the redemption of shares, fair value   (390,054,002)
Ether sold for the redemption of shares, realized gain (loss)   $ (203,341,675)
Ether sold to pay expenses   (509)
Ether sold to pay expenses, average cost   $ (1,670,167)
Ether sold to pay expenses, fair value   (1,356,996)
Ether sold to pay expenses, realized gain (loss)   (313,171)
Net realized loss, fair value [2]   (203,654,846)
Net change in unrealized appreciation/depreciation, fair value   $ (1,728,580,085)
Ending balance   1,191,766
Ending balance, average cost   $ 3,887,465,641
Ending balance, fair value [1]   2,186,653,058
Ending balance, realized gain (loss) [2]   $ (203,654,846)
[1] Cost of investment in ether: $3,887,465,641 and $3,543,902,275, respectively.
[2] Includes $436,231 of realized gains and $(204,019,077) of realized losses.