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Subsequent Event | 9 Months Ended
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Sep. 30, 2025
Subsequent Events [Abstract] |
Subsequent Event | Note 11 - Subsequent Event Pursuant to a prospectus amendment declared effective on September 30, 2025, the Trust may begin to allow for creation and redemption transactions to take place in exchange for ether in-kind as an alternative to cash creations and redemptions. As of November 6, 2025, the Trust has not yet begun accepting in-kind orders, but may do so at any time, in the Sponsor’s sole discretion. When purchasing Creation Baskets in-kind with ether, Authorized Participants deliver ether to the Ethereum Custodian. After confirming receipt of the ether by the Ethereum Custodian, the Transfer Agent is authorized by the Sponsor to issue Creation Baskets of Shares to the creating Authorized Participant in satisfaction of the creation order. When redeeming Creation Baskets in-kind for ether, the Transfer Agent redeems the Shares and the Ethereum Custodian distributes the resulting ether to the redeeming Authorized Participant in satisfaction of the redemption order.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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