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Statement of Operations (Unaudited)
3 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
Expenses  
Sponsor’s fees $ 2,038,502
Sponsor’s fees waived (791,853)
Total expenses 1,246,649
Net investment loss (1,246,649)
Net Realized and Unrealized Gain (Loss)  
Ether sold to pay expenses (313,171)
Ether sold for the redemption of Shares (203,341,675)
Net realized loss (203,654,846) [1]
Net change in unrealized appreciation/depreciation (1,728,580,085)
Net realized and unrealized loss (1,932,234,931)
Net decrease in net assets resulting from operations $ (1,933,481,580)
Net decrease in net assets per Share (in dollars per share) | $ / shares $ (11.84) [2]
[1] Includes $436,231 of realized gains and $(204,019,077) of realized losses.
[2] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.