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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Summary of Trust's Assets Accounted at Fair Value

The following summarizes the Trust’s assets accounted for at fair value at March 31, 2025 (amounts in thousands):

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Investment in ether, at fair value

 

$

173,794

 

 

$

 

 

$

 

 

$

173,794

 

 

The following summarizes the Trust’s assets accounted for at fair value at December 31, 2024 (amounts in thousands):

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Investment in ether, at fair value

 

$

404,529

 

 

$

 

 

$

 

 

$

404,529