Statements of Assets and Liabilities - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Assets [Abstract]
Investment in ether, at fair value (cost $281,576 and $333,212, as of March 31, 2026 and December 31, 2025, respectively)	$ 219,266	$ 343,746
Cash	0	0
Receivable for creations	1,201	0
Total assets	220,467	343,746
Liabilities [Abstract]
Payable for ether purchased	1,201	0
Sponsor Fee payable	38	61
Total liabilities	1,239	61
Net Assets	$ 219,228	$ 343,685
Shares issued	14,620,000	16,150,000
Shares outstanding	14,620,000	16,150,000
Principal Market NAV per Share	$ 15	$ 21.28