XML 36 R23.htm IDEA: XBRL DOCUMENT v3.25.3

Creation and Redemption of Shares (Tables)

9 Months Ended

Sep. 30, 2025

Creation and Redemption of Shares [Abstract]

Schedule of Capital Transactions Issued and Redeemed

The ether Trading Counterparty is unaffiliated with the Trust and the Sponsor.

		For the three months ended September 30, 2025				For the three months ended September 30, 2024				For the nine months ended September 30, 2025				For the period May 1, 2024 (initial seed creation date) through September 30, 2024
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Activity in Capital Transactions:
Shares issued			2,660,000				950,000				4,090,000				970,002
Shares redeemed			(2,280,000	)			-				(2,890,000	)			(2	)
Net Change in Capital Transactions			380,000				950,000				1,200,000				970,000

		For the three months ended September 30, 2025				For the three months ended September 30, 2024				For the nine months ended September 30, 2025				For the period May 1, 2024 (initial seed creation date) through September 30, 2024
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Activity in Capital Transactions:
Shares issued		$	53,660,423			$	15,464,294			$	68,872,453			$	15,805,133
Shares redeemed			(47,704,815	)			-				(53,380,852	)			(100	)
Net Change in Capital Transactions		$	5,955,608			$	15,464,294			$	15,491,601			$	15,805,033

Schedule of Ether Purchased Payable Represents

Ether purchased payable represents the quantity of ether purchased for the creation of Shares where the ether has not yet settled. Generally, ether is transferred within two Business Days of the trade date.

			September 30, 2025				December 31, 2024
			(Unaudited)
Ether purchased payable		$	-			$	-

Ether sold receivable represents the quantity of ether sold for the redemption of Shares where the ether has not yet been settled. Generally, ether is transferred within two Business Days of the trade date.

			September 30, 2025				December 31, 2024
			(Unaudited)
Ether sold receivable		$	-			$	-

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration