Statements of Financial Condition - USD ($) |
Mar. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Assets | ||
| Investments in Ether, at value (cost $20,581,029 and $19,846,885, respectively) | $ 13,737,936 | $ 23,569,250 |
| Total Assets | 13,737,936 | 23,569,250 |
| Liabilities | ||
| Accrued Sponsor's fee | 3,350 | 5,997 |
| Total Liabilities | 3,350 | 5,997 |
| Commitments and Contingencies (Note 9) | ||
| Net Assets | 13,734,586 | 23,563,253 |
| Net assets consist of: | ||
| Paid-in-capital | 21,075,255 | 19,469,136 |
| Distributable earnings (loss) | $ (7,340,669) | $ 4,094,117 |
| Shares outstanding | 753,000 | 708,000 |
| Net asset value per share | $ 18.24 | $ 33.28 |
| Market value per share | $ 18.24 | $ 33.39 |
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- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of net assets (liabilities). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Market value per share of investment portfolio by investment company. Includes, but is not limited to, per unit, membership interest, or other ownership interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The number of limited partner units outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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