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v3.25.3

Investments in Ether | 9 Months Ended
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Sep. 30, 2025
Schedule of Investments [Abstract] |
Investments in Ether | Note 7 – Investments in Ether The Trust expects to purchase or sell ether in connection with cash creation or redemption transactions, and may sell ether to pay certain expenses, including the Sponsor Fee. The following is a summary of the transactions in, and earnings from, investments in ether for the three and nine months ended September 30, 2025.
|  | Fair Value |
Opening Balance as of 06/30/2025 |  | $ | 22,654,462 |
Purchases at Cost |  |  | 26,960,641 |
Proceeds from Sales to Pay Sponsor Fee |  |  | (19,041 | )
Proceeds from ether sold for Redemptions |  |  | (24,756,333 | )
Change in Unrealized Appreciation (Depreciation) |  |  | 13,721,224 |
Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee |  |  | (1,438 | )
Net Realized (Gain) Loss from Investments in Ether Sold for Redemptions |  |  | 437,856 |
Ending Balance as of 09/30/2025 |  | $ | 38,997,371 |
|  | Fair Value |
Opening Balance as of 12/31/2024 |  | $ | 23,569,250 |
Purchases at Cost |  |  | 33,385,860 |
Proceeds from Sales to Pay Sponsor Fee |  |  | (44,355 | )
Proceeds from ether sold for Redemptions |  |  | (26,207,244 | )
Change in Unrealized Appreciation (Depreciation) |  |  | 8,719,299 |
Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee |  |  | (9,240 | )
Net Realized (Gain) Loss from Investments in Ether Sold for Redemptions |  |  | (416,199 | )
Ending Balance as of 09/30/2025 |  | $ | 38,997,371 |
The following is a summary of the transactions in, and earnings from, investments in ether for the three months ended September 30, 2024 and the period June 17, 2024 to September 30, 2024.
|  | Fair Value |
Opening Balance as of 06/30/2024 |  | $ | — |
Purchases at Cost |  |  | 23,895,889 |
Proceeds from Sales to Pay Sponsor Fee |  |  | (3,378 | )
Proceeds from ether sold for Redemptions |  |  | — |
Change in Unrealized Appreciation (Depreciation) |  |  | (3,514,876 | )
Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee |  |  | (1,455 | )
Net Realized (Gain) Loss from Investments in Ether Sold for Redemptions |  |  | — |
Ending Balance as of 09/30/2024 |  | $ | 20,376,180 |
|  | Fair Value |
Opening Balance as of 06/17/2024 |  | $ | — |
Purchases at Cost |  |  | 23,895,889 |
Proceeds from Sales to Pay Sponsor Fee |  |  | (3,378 | )
Proceeds from ether sold for Redemptions |  |  | — |
Change in Unrealized Appreciation (Depreciation) |  |  | (3,514,876 | )
Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee |  |  | (1,455 | )
Net Realized (Gain) Loss from Investments in Ether Sold for Redemptions |  |  | — |
Ending Balance as of 09/30/2024 |  | $ | 20,376,180 |

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- Definition The entire disclosure for investment holdings. This includes the long positions of investments for the entity. It contains investments in affiliated and unaffiliated issuers. The investments include securities and non securities (i.e. commodities and futures contracts). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478795/946-210-50-12 + Details
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