Fair Value of Ether (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Changes in Quantity of Ether and Fair Value

The following represents the changes in quantity of ether and the respective fair value for the period from July 22, 2024 (commencement of operations) to September 30, 2024*:

	Quantity of ether			Fair Value (amounts in thousands)
Beginning balance as of July 22, 2024 (commencement of operations)		0.0000		$	0
Purchases		101,085.6138			331,371
Sales for the redemption of Shares		(932.6567	)		(2,133	)
ether transferred for Sponsor Fee		—			—
Net realized gain (loss) on investment in ether transferred to pay Sponsor Fee		—			—
Net realized gain (loss) on investment in ether sold for redemptions		—			(1,116	)
Change in unrealized appreciation (depreciation) on investment in ether		—			(68,271	)
Ending balance as of September 30, 2024*		100,152.9571		$	259,851

* No comparative period presented as the Trust commenced operations on July 22, 2024.