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Statement of Assets and Liabilities - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets [Abstract]    
Investment in ether, at fair value (cost $299,763 and $394,302, respectively) $ 173,794 $ 404,529
Cash 0 0
Total assets 173,794 404,529
Liabilities [Abstract]    
Sponsor Fee payable 32 0
Total liabilities 32 0
Net Assets [1] $ 173,762 $ 404,529
Shares issued and outstanding, no par value, unlimited amount authorized 13,260,000 16,880,000
Principal Market NAV per share $ 13.1 $ 23.96
[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 22, 2024.