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Statement of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Investment income    
Investment income [1] $ 0 $ 0
Expenses    
Sponsor Fee [1] 105 241
Total Expenses [1] 105 241
Less: Waivers and Reimbursement [1] 0 (43)
Net Expenses [1] 105 198
Net investment loss [1] (105) (198)
Net realized and unrealized gain (loss)    
Net realized gain (loss) on investment in ether transferred to pay Sponsor Fee [1] 9 11
Net realized gain (loss) on investment in ether sold for redemptions [1] (16,707) (30,348)
Net change in unrealized appreciation (depreciation) on investment in ether [1] 78,679 (57,517)
Net realized and unrealized gain (loss) [1] 61,981 (87,854)
Net increase (decrease) in net assets resulting from operations [1] $ 61,876 $ (88,052)
[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 22, 2024.