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Note 2 - Significant Accounting Policies - Activity in Ether (Details)
3 Months Ended
Jun. 24, 2024
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Beginning balance   3,467,229 1,071,415
Beginning balance, average cost   $ 12,538,047,760 $ 3,543,902,275
Beginning balance, fair value   $ 10,303,043,495 [1] $ 3,571,669,777
Ether purchased 3,031 564,146 [2] 302,532
Ether purchased, average cost   $ 1,454,835,663 [2] $ 938,629,210
Ether purchased, fair value   $ 1,454,835,663 [2] $ 938,629,210
Ether sold for the redemption of shares   (993,501) [3] (181,672)
Ether sold for the redemption of shares, average cost   $ (3,309,498,370) [3] $ (593,395,677)
Ether sold for the redemption of shares, fair value   (2,380,759,699) [3] (390,054,002)
Ether sold for the redemption of shares, realized gain (loss)   $ (928,738,671) [3] $ (203,341,675)
Ether sold to pay expenses   (2,538) (509)
Ether sold to pay expenses, average cost   $ (9,097,897) $ (1,670,167)
Ether sold to pay expenses, fair value   (5,807,934) (1,356,996)
Ether sold to pay expenses, realized gain (loss)   (3,289,963) (313,171)
Net realized gain (loss), fair value   (932,028,634) [4] (203,654,846) [5]
Net change in unrealized appreciation/depreciation, fair value   $ (2,059,492,330) $ (1,728,580,085)
Ending balance   3,035,336 1,191,766
Ending balance, average cost   $ 10,674,287,156 $ 3,887,465,641
Ending balance, fair value   6,379,790,561 [1] 2,186,653,058
Ending balance, realized gain (loss)   $ (932,028,634) [4] $ (203,654,846) [5]
[1] Cost of investment in ether: $10,674,287,156 and $12,538,047,760, respectively.
[2] Includes ether purchased in-kind for Shares issued of $621,312,812.
[3] Includes ether paid in-kind for Shares redeemed of $820,369,484 (Cost of ether paid was $1,011,388,564 and realized loss of ether paid was $191,019,080).
[4] Includes $41,760,600 of realized gains and $(973,789,234) of realized losses.
[5] Includes $436,231 of realized gains and $(204,091,077) of realized losses.