Statement of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Investment income
Investment income	$ 0	$ 0
Expenses
Sponsor Fee	139	136
Total expenses	139	136
Less: waivers and reimbursements	0	(43)
Net expenses	139	93
Net investment loss	(139)	(93)
Net realized and unrealized gain (loss)
Net realized gain (loss) on investment in ether transferred to pay Sponsor Fee	54	2
Net realized gain (loss) on In-Kind Redemptions of ether	868	0
Net realized gain (loss) on investment in ether sold for redemptions	(38,498)	(13,641)
Net change in unrealized appreciation (depreciation) on investment in ether	(72,844)	(136,196)
Net realized and unrealized gain (loss)	(110,420)	(149,835)
Net increase (decrease) in net assets resulting from operations	$ (110,559)	$ (149,928)