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Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Cash flow from operating activities    
Net increase (decrease) in net assets resulting from operations [1]   $ (88,052)
Adjustments to reconcile net increase in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchases of ether [1]   (70,334)
Transfer of ether to pay Sponsor Fee [1]   117,897
Proceeds from ether sold [1]   155
Net realized (gain) loss from investment in ether transferred to pay Sponsor Fee [2] $ (9) (11)
Net realized (gain) loss from investment in ether sold for redemptions [1]   30,348
Net change in unrealized (appreciation) on investment in ether [2] (78,679) 57,517
Changes in operating assets and liabilities:    
Increase (Decrease) in Sponsor Fee payable [1]   42
Net cash provided by (used in) operating activities [1]   47,562
Cash flow from financing activities    
Creations for Shares issued [1]   72,662
Redemptions for Shares redeemed [1]   (120,224)
Net cash provided by (used in) financing activities [1]   (47,562)
Net increase (decrease) in cash [1]   0
Cash, beginning of period [1]   0
Cash, end of period [1] $ 0 $ 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.