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Statements of Cash Flows (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2025
Cash Flows from Operating Activities        
Net increase (decrease) in net assets resulting from operations $ 589,875 $ 759,515,819 $ (1,933,481,580) $ (1,173,965,761)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:        
Purchases of ether (10,000,000)     (2,526,542,897)
Proceeds from ether sold 0     536,355,793
Net realized gain/(loss) 0 93,604,071 [1] 203,654,846 297,258,917 [2]
Net change in unrealized appreciation/depreciation (590,295) (854,250,640) 1,728,580,085 874,329,445
Change in operating assets and liabilities:        
Sponsor’s fees payable 420     116,736
Net cash used in operating activities (10,000,000)     (1,992,447,767)
Cash Provided by Financing Activities        
Proceeds from issuance of Shares 10,000,000     2,526,695,016
Payments for Shares redeemed 0     (534,263,461)
Net cash provided by financing activities 10,000,000     1,992,431,555
Cash        
Net decrease in cash 0     (16,212)
Cash, beginning of period 0   $ 37,023 37,023
Cash, end of period $ 0 $ 20,811   $ 20,811
[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.