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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Summary of Fair Value Estimates

 

 

 

 

 

Fair Value Measurement Using

 

(Amounts in thousands)

 

Amount at
Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

June 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Investment in Ether

 

$

1,330,256

 

 

$

1,330,256

 

 

$

-

 

 

$

-

 

 

 

 

 

 

 

Fair Value Measurement Using

 

(Amounts in thousands)

 

Amount at
Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Investment in Ether

 

$

1,572,914

 

 

$

1,572,914

 

 

$

-

 

 

$

-