<?xml version="1.0" encoding="US-ASCII"?>
<!-- DFIN New ActiveDisclosure (SM) XBRL Schema Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2025-11-06T16:44:45.8414+00:00 -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Increase (Decrease) due to Share Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Increase (Decrease) due to Share Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders Equity Period Increase Decrease Due To Share Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stockholders equity period increase (decrease) due to share transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCreationBasketShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of creation basket shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCreationBasketShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of Creation Basket shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCreationBasketShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Creation Basket shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share issued price per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InitialSeedSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Initial Seed Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InitialSeedSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Initial Seed Shares [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InitialSeedSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Initial Seed Shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CreationBasketsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Creation Baskets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CreationBasketsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Creation Baskets [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CreationBasketsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Creation Baskets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Paid-in-capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital, Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Total Return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Return, at net asset value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Return, at net asset value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedGainLossInvestmentAndDerivativeOperatingAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Realized Gain (Loss) on Investments in Bitcoin</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedGainLossInvestmentAndDerivativeOperatingAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Gain (Loss), Investment and Derivative, Operating, after Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedGainLossInvestmentAndDerivativeOperatingAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net Realized Gain (Loss) from Investments in Ether Sold for Sponsor Fee, Redemptions and on Ether Deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributable earnings (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Retained Earnings (Accumulated Deficit), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings (Accumulated Deficit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedLiabilityCompanyOrLimitedPartnershipBusinessFormationState_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Liability Company or Limited Partnership, Business, Formation State</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedLiabilityCompanyOrLimitedPartnershipBusinessFormationState_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Limited liability company formation state</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by (used in) operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_Rule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rule 10b5-1 Arr Modified [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_Rule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rule 10b5-1 Arrangement Modified Flag.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_Rule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rule 10b5-1 Arrangement Modified</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfSharesIssuedPerCreationBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares issued per Creation Basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfSharesIssuedPerCreationBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares issued per Creation Basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfSharesIssuedPerCreationBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares issued per Creation Basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Federal Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of cash flow information</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gain (Loss) on Sale of Investments, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Sale of Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnSaleOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Change in Shareholder's Equity (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Change in Shareholder's Equity (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationAndOfferingCostsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Organization and Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationAndOfferingCostsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization and Offering Costs [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationAndOfferingCostsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization and Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net change in cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Excluding Exchange Rate Effect, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldToForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized (Gain) Loss On Investments In Ether Sold To For Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldToForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized (Gain) Loss on investments in ether sold to for redemptions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldToForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Realized (Gain) Loss on Investments in Ether Sold to for Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldToForRedemptions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net Realized (Gain) Loss on Investments in Ether Sold to for Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CashEquivalentsHeldByTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">cash equivalents held by Trust.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CashEquivalentsHeldByTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Equivalents Held by Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CashEquivalentsHeldByTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash equivalents held by trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentValuationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments valuation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentValuationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Valuations [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentValuationsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Valuations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedInvestmentGainsLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains (Losses)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedInvestmentGainsLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Realized Gain (Loss) from Investments in Ether Sold to Pay Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedInvestmentGainsLosses_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RealizedInvestmentGainsLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Realized Gain (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Realized (Gain) Loss on Investments in Ether Sold for Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized (Gain) Loss On Investments In Ether Sold For Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized (gain) loss on investments in Ether sold for redemptions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCyptocurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Cyptocurrency</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCyptocurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCyptocurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of Cyptocurrency.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Investment income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Risks and Uncertainties [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CryptoAssetOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Crypto-Asset, Other [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CryptoAssetOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets Less Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RoutineOperationalAdministrativeAndOtherOrdinaryExpensesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Routine Operational, Administrative and Other Ordinary Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RoutineOperationalAdministrativeAndOtherOrdinaryExpensesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Routine Operational Administrative And Other Ordinary Expenses Policy Policy [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RoutineOperationalAdministrativeAndOtherOrdinaryExpensesPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Routine operational administrative and other ordinary expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Gain (Loss) on Investment, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and change in unrealized gain (loss) on investments in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net Change in Unrealized (Gain) Loss from Investments in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Change in Unrealized Gain (Loss) from Investments in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_BitcoinsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Bitcoins</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_BitcoinsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bitcoins [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_BitcoinsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Bitcoins</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RealizedInvestmentGainLossOnSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Ether Sold to Pay Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RealizedInvestmentGainLossOnSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gain Loss on Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RealizedInvestmentGainLossOnSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gain loss on sponsor fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_RealizedInvestmentGainLossOnSponsorFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net Realized (Gain) Loss from Investments in Ether Sold to pay Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Commitments and Contingencies (Note 9)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyMarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Market value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyMarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Market Value, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest and Dividend Income, Operating, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest and Dividend Income, Operating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestAndDividendIncomeOperating_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ManagementFeePerAnnumOfDailyNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee percentage per annum of daily NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ManagementFeePerAnnumOfDailyNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee Per Annum Of Daily Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ManagementFeePerAnnumOfDailyNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Management fee per annum of daily net assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ManagementFeePerAnnumOfDailyNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sponsor fee per annum on daily net assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Service Providers and Related Party Agreements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partners' Capital Account, Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Equity, Attributable to Parent, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Basis of Presentation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Accounting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Stockholders' Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accounting Estimates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holdings [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Valuation Information</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment Owned, Fair Value, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Opening Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in Ether, at value (cost $26,555,707 and $19,846,885, respectively)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CryptoAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Crypto Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CryptoAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Crypto Assets [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_CryptoAssetsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Crypto assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentsOwnedAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned, additions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentsOwnedAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Additions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentsOwnedAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchases at Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NonRecurringAndUnusualFeesAndExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Recurring Fees and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NonRecurringAndUnusualFeesAndExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Recurring And Unusual Fees And Expenses Policy [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NonRecurringAndUnusualFeesAndExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non recurring and unusual fees and expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_IncreaseDecreaseAccruedSponsorsFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued Sponsor's fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_IncreaseDecreaseAccruedSponsorsFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase decrease accrued sponsor's fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_IncreaseDecreaseAccruedSponsorsFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease Accrued Sponsor's Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Security exchange name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash at beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash at end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Excluding Capitalized Interest, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Redemption value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationAndOfferingCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization and Offering Costs [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationAndOfferingCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization and Offering Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_SharePurchasesAndRedemptionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Purchases and Redemptions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_SharePurchasesAndRedemptionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share Purchases and Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners' Capital Account, Units Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel">Total Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss), Investment and Derivative, Operating, after Tax</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossInvestmentAndDerivativeOperatingAfterTax_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Change in Unrealized Gain (Loss) from Investments in Ether and on Ether Deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MinimumNumberOfCreationBasketsOfSharesThatCanBePurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Minimum number of creation baskets of shares that can be purchased.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MinimumNumberOfCreationBasketsOfSharesThatCanBePurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum Number Of Creation Baskets Of Shares That Can Be Purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MinimumNumberOfCreationBasketsOfSharesThatCanBePurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum number of Creation Baskets that can be purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Market value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Market value per Share, beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Market value per Share, end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Market Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_MarketValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Market value per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForPurchaseOfInvestmentOperatingActivity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost of ether purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForPurchaseOfInvestmentOperatingActivity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment for Purchase, Investment, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForPurchaseOfInvestmentOperatingActivity_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Cost of ether purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NonRule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-Rule 10b5-1 Arr Modified [Flag]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NonRule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-Rule 10b5-1 Arr modified flag.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NonRule10B51ArrModifiedFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-Rule 10b5-1 Arrangement Modified</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Repurchase of Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentCompanyRealizedAndNetChangeInUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company Realized and Net Change in Unrealized Gain (Loss) [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentCompanyRealizedAndNetChangeInUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment company realized and net change in unrealized gain (loss).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_InvestmentCompanyRealizedAndNetChangeInUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Realized and Net Change in Unrealized Gain (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Stock issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchases of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ReturnAtMarketValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Return at market value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ReturnAtMarketValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Return, at market value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ReturnAtMarketValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Return At Market Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ReturnAtMarketValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Return, at market value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partner Type of Partners' Capital Account, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PartnerTypeOfPartnersCapitalAccountAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Partner Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CryptoAssetAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Crypto-Asset [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ProceedsFromEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Ether Sold For Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ProceedsFromEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds From Ether Sold For Redemptions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ProceedsFromEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from ether sold for Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_ProceedsFromEtherSoldForRedemptions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Proceeds from ether sold for Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_TrustExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Trust Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_TrustExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trust Expenses [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_TrustExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Trust Expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% of Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Net Assets, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Investment Income, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Investment Income (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_EthereumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ethereum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_EthereumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ethereum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_EthereumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ethereum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Redemption of Shares (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in operating assets and liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Professional Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued Sponsor's fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net Assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NetAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_OrganizationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Organization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Asset Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Financial Highlights</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss), Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyIssuanceOfSharesPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Share Issuance, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyIssuanceOfSharesPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Price, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Increase (Decrease) due to Share Transactions (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Increase (Decrease) due to Share Transactions (in shares)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period Shares Period Increase Decrease Due To Share Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period shares period increase decrease due to share transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Ratios [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ratio to average Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_SharePurchasesAndRedemptionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Purchases and Redemptions</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value Per Share</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsForProceedsFromInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for (Proceeds from) Investments</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCreatedShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of created shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfCreatedShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Created Shares</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net assets consist of:</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="qeth_NumberOfEthereumsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of ethereums, per share</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
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          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency" xlink:to="us-gaap_InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency_lbl"/>
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  <xsd:element id="qeth_InvestmentsOwnedAdditions" name="InvestmentsOwnedAdditions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
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  <xsd:element id="qeth_RoutineOperationalAdministrativeAndOtherOrdinaryExpensesPolicyPolicyTextBlock" name="RoutineOperationalAdministrativeAndOtherOrdinaryExpensesPolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
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  <xsd:element id="qeth_NumberOfCyptocurrency" name="NumberOfCyptocurrency" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="qeth_ProceedsFromEtherSoldForRedemptions" name="ProceedsFromEtherSoldForRedemptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
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  <xsd:element id="qeth_OrganizationAndOfferingCostsAbstract" name="OrganizationAndOfferingCostsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="qeth_InitialSeedSharesMember" name="InitialSeedSharesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="qeth_NumberOfCreationBasketShares" name="NumberOfCreationBasketShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="qeth_RealizedInvestmentGainLossOnSponsorFee" name="RealizedInvestmentGainLossOnSponsorFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="qeth_InvestmentCompanyRealizedAndNetChangeInUnrealizedGainLossAbstract" name="InvestmentCompanyRealizedAndNetChangeInUnrealizedGainLossAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="qeth_OrganizationLineItems" name="OrganizationLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="qeth_NonRecurringAndUnusualFeesAndExpensesPolicyTextBlock" name="NonRecurringAndUnusualFeesAndExpensesPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldForRedemptions" name="NetRealizedGainLossOnInvestmentsInEtherSoldForRedemptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="qeth_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions" name="StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="qeth_BitcoinsMember" name="BitcoinsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="qeth_CryptoAssetsPolicyTextBlock" name="CryptoAssetsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="qeth_OrganizationAndOfferingCostsTextBlock" name="OrganizationAndOfferingCostsTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="qeth_NetRealizedGainLossOnInvestmentsInEtherSoldToForRedemptions" name="NetRealizedGainLossOnInvestmentsInEtherSoldToForRedemptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="qeth_Rule10B51ArrModifiedFlag" name="Rule10B51ArrModifiedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="qeth_CreationBasketsMember" name="CreationBasketsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="qeth_NonRule10B51ArrModifiedFlag" name="NonRule10B51ArrModifiedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="qeth_IncreaseDecreaseAccruedSponsorsFees" name="IncreaseDecreaseAccruedSponsorsFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="qeth_ReturnAtMarketValue" name="ReturnAtMarketValue" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
</xsd:schema>
