STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2025		Jun. 30, 2025
Cash provided by operating activities
Net Income (Loss)		$ 0	$ 328,556		$ (388,729)
Adjustments to reconcile net decrease in net assets resulting from operations to net cash provided by operating activities:
Purchases of Ether	[1]	0			(81,803)
Proceeds from Ether sold to pay redemptions	[1]	0			102,490
Proceeds from Ether sold to pay expenses		0			729
Net realized loss		0			41,570
Net change in unrealized depreciation on investment in Ether		0	(335,217)	[2]	346,430	[2]
Sponsor's Fee payable		0			0
Net cash provided by operating activities		0			20,687
Cash used in financing activities:
Proceeds from issuance of capital shares	[1]	100,000			81,803
Payments for capital shares redeemed	[1]	0			(102,490)
Net cash used in financing activities		100,000			(20,687)
Cash:
Net increase in cash		100,000			0
Cash, beginning of period		0			0
Cash, end of period		100,000	$ 0		0
Supplemental disclosure of noncash operating activities
Transfer of Ether to pay for Sponsor's Fee		$ 0			$ 729

[1] The proceeds collected by an Authorized Participant from the sale of Shares and the payments for Shares redeemed by an Authorized Participant do not correlate with the amounts in the Statement of Operations and the Statement of Changes in Net Assets for the period due to creations and redemptions occurring at the Index Price as defined in the Trust Agreement.

[2] 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.