Financial Highlights (Tables)

12 Months Ended

Dec. 31, 2024

Investment Company, Financial Highlights [Abstract]

Summary of Per Share Performance

Per-share Performance (for a Share outstanding throughout the period presented)

	For the period July 22, 2024 (commencement of operations) through December 31, 2024*
Net asset value per-share, beginning of period	$	25.00
Net investment loss 1		—
Net realized and change in unrealized on investment in ether 2		(1.04	)
Net change in net assets from operations		(1.04	)
Net asset value per-share, end of period	$	23.96
Total return, at net asset value 2		(4.16	)	%
Ratios to average net assets 3
Net investment loss		—		%
Gross expenses		0.20		%
Net expenses		—		%

* No comparative financial statements have been presented as the Trust's operations commenced on July 22, 2024.

1.Calculated using average Shares outstanding.

2.Total return is calculated based on the change in value of the Principal Market NAV during the reporting period. An individual shareholder’s total return and ratios may vary from the above total return and ratios based on the timing of share transactions from the Trust.

3.Annualized.