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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Net decrease in net assets resulting from operations $ (2,996,490,501) $ (1,933,481,580)
Adjustments to reconcile the net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchases of ether (833,522,851) (938,629,210)
Proceeds from ether sold 1,566,198,149 391,410,998
Net realized (gain) loss 932,028,634 [1] 203,654,846 [2]
Net change in unrealized appreciation/depreciation 2,059,492,330 1,728,580,085
Change in operating assets and liabilities:    
Sponsor’s fee payable (907,680) (177,432)
Net cash provided by (used in) operating activities 726,798,081 (548,642,293)
Cash Provided by Financing Activities    
Proceeds from issuance of Shares 833,575,607 938,716,000
Payments for Shares redeemed (1,560,379,798) (390,105,968)
Net cash provided by (used in) financing activities (726,804,191) 548,610,032
Cash    
Net decrease in cash (6,110) (32,261)
Cash, beginning of period 16,171 37,023
Cash, end of period 10,061 4,762
Supplemental disclosure of non-cash information:    
Ethereum purchased for Shares issued 621,312,812 0
Ethereum paid for Shares redeemed $ (820,369,484) $ 0
[1] Includes $41,760,600 of realized gains and $(973,789,234) of realized losses.
[2] Includes $436,231 of realized gains and $(204,091,077) of realized losses.