STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) - USD ($) $ in Thousands		Jun. 30, 2025	Dec. 31, 2024
Assets:
Investment in Ether, at fair value (cost $1,694,185 and $1,590,413 as of June 30, 2025 and December 31, 2024, respectively)		$ 1,330,256	$ 1,572,914
Total assets		1,330,256	1,572,914
Liabilities:
Total liabilities		0	0
Net assets		$ 1,330,256	$ 1,572,914
Shares issued and outstanding, no par value (unlimited Shares authorized)		56,140,788	49,970,788
Principal Market NAV per Share	[1]	$ 23.7	$ 31.48
Sponsor
Liabilities:
Sponsor's Fee payable, related party		$ 0	$ 0

[1] No comparative financial statements have been provided as the Trust’s operations commenced on July 23, 2024. Prior to the commencement of operations on July 23, 2024, the Sponsor redeemed the initial seed capital of 10,000 shares for $100,000.