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Statement of Cash Flows
$ in Thousands
2 Months Ended
Sep. 30, 2024
USD ($)
[1]
Cash flow from operating activities  
Net increase (decrease) in net assets resulting from operations $ (69,387)
Adjustments to reconcile net increase in net assets resulting from operations to net cash provided by (used in) operating activities:  
Purchases of ether (331,371)
Proceeds from ether sold 2,133
Net realized (gain) loss from investment in ether transferred to pay Sponsor Fee 0 [2]
Net realized (gain) loss from investment in ether sold for redemptions 1,116
Net change in unrealized (appreciation) on investment in ether 68,271 [2]
Increase (Decrease) in Sponsor Fee payable 0
Net cash provided by (used in) operating activities (329,238)
Cash flow from financing activities  
Creations for Shares issued 331,371
Redemptions for Shares redeemed (2,133)
Net cash provided by (used in) financing activities 329,238
Net increase (decrease) in cash 0
Cash, beginning of period 0 [3]
Cash, end of period $ 0
[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 22, 2024
[2] No comparative financial statements have been provided as the Trust’s operations commenced on July 22, 2024.
[3] Prior to the commencement of operations on July 22, 2024, BAM redeemed the 8 Seed Shares for $200.