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Statements of Assets and Liabilities - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Assets    
Investment in ether, at fair value [1] $ 10,303,043,495 $ 3,571,669,777
Cash 16,171 37,023
Total Assets 10,303,059,666 3,571,706,800
Liabilities    
Sponsor’s fees payable 2,303,146 444,633
Total Liabilities 2,303,146 444,633
Commitments and contingent liabilities (Note 6)
Net Assets $ 10,300,756,520 $ 3,571,262,167
Shares issued and outstanding (in shares) [2] 458,720,000 141,480,000
Net asset value per Share (Note 2C) (in dollars per share) $ 22.46 $ 25.24
[1] Cost of investment in ether: $12,538,047,760 and $3,543,902,275, respectively.
[2] No par value, unlimited amount authorized.