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Statements of Operations (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2025
Expenses      
Sponsor’s fees $ 420 $ 1,882,114 $ 3,920,616
Sponsor’s fees waived 0 (751,364) (1,543,217)
Total expenses 420 1,130,750 2,377,399
Net investment loss (420) (1,130,750) (2,377,399)
Net Realized and Unrealized Gain (Loss)      
Ether sold to pay expenses 0 (423,236) (736,407)
Ether sold for the redemption of Shares 0 (93,180,835) (296,522,510)
Net realized gain (loss) 0 (93,604,071) [1] (297,258,917) [2]
Net change in unrealized appreciation/depreciation 590,295 854,250,640 (874,329,445)
Net realized and unrealized gain (loss) 590,295 760,646,569 (1,171,588,362)
Net increase (decrease) in net assets resulting from operations $ 589,875 $ 759,515,819 $ (1,173,965,761)
Net increase (decrease) in net assets per Share (in dollars per share) [3] $ 1.47 $ 4.22 $ (6.83)
[1] Includes $807,973 of realized gains and $(94,412,044) of realized losses.
[2] Includes $1,244,204 of realized gains and $(298,503,121) of realized losses.
[3] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.