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v3.25.4

Investments in Ether | 12 Months Ended
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Dec. 31, 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 year ended December 31, 2025 and the period ended December 31, 2024.
|  | Fair Value |
Opening Balance as of December 31, 2024 |  | $ | 23,569,250 |
Purchases at Cost |  |  | 38,907,990 |
Proceeds from Sales to Pay Sponsor Fee |  |  | (65,393 | )
Proceeds from Ether sold for Redemptions |  |  | (34,815,043 | )
Change in Unrealized Appreciation (Depreciation) |  |  | (340,579 | )
Net Realized Gain (Loss) on Investments in Ether Sold to pay Sponsor Fee |  |  | (11,077 | )
Net Realized Gain (Loss) on Investments in Ether Sold for Redemptions |  |  | (1,391,403 | )
Ending Balance as of December 31, 2025 |  | $ | 25,853,745 |
|  | Fair Value |
Opening Balance as of June 17, 2024 |  | $ | — |
Purchases at Cost |  |  | 30,217,342 |
Proceeds from Sales to Pay Sponsor Fee |  |  | (16,462 | )
Proceeds from Ether sold for Redemptions |  |  | (10,748,206 | )
Change in Unrealized Appreciation (Depreciation) |  |  | 3,722,365 |
Net Realized Gain (Loss) on Investments in Ether Sold to pay Sponsor Fee |  |  | (3,977 | )
Net Realized Gain (Loss) on Investments in Ether Sold for Redemptions |  |  | 398,188 |
Ending Balance as of December 31, 2024 |  | $ | 23,569,250 |

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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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