| Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
The following is a summary of the fair value hierarchy as of
March 31, 2025, and December 31, 2024:
| |
March 31, 2025 | |
Level 1 | |
Level 2 | |
Level 3 | |
Total |
| |
Assets | |
| | | |
| | | |
| | | |
| | |
| |
Investment in ETH | |
$ | 84,668,819 | | |
$ | — | | |
$ | — | | |
$ | 84,668,819 | |
| |
| |
| | | |
| | | |
| | | |
| | |
| |
December 31, 2024 | |
Level 1 | |
Level 2 | |
Level 3 | |
Total |
| |
Assets | |
| | | |
| | | |
| | | |
| | |
| |
Investment in ETH | |
$ | 146,428,902 | | |
$ | — | | |
$ | — | | |
$ | 146,428,902 | |
|
| Changes In Quantity of Ether and the Respective Fair Value [Table Test Block] |
The following represents the changes in quantity of ETH and
the respective fair value:
| |
| |
ETH | |
Fair Value |
| |
Beginning balance as of January 1, 2025 | |
| 43,935.83 | | |
$ | 146,428,902 | |
| |
ETH contributed | |
| 3,295.19 | | |
| 9,957,156 | |
| |
ETH withdrawn | |
| (1,098.40 | ) | |
| (2,207,029 | ) |
| |
Net change in unrealized appreciation (depreciation) from investment in ETH | |
| — | | |
| (68,317,443 | ) |
| |
Net realized loss on investment in ETH | |
| — | | |
| (1,192,767 | ) |
| |
Ending balance as of March 31, 2025 | |
| 46,132.62 | | |
$ | 84,668,819 | |
| |
| |
ETH | |
Fair Value |
| |
Beginning balance as of May 20, 2024(a) | |
| — | | |
$ | — | |
| |
ETH contributed | |
| 49,793.94 | | |
| 154,052,853 | |
| |
ETH withdrawn | |
| (5,858.11 | ) | |
| (16,251,349 | ) |
| |
Net unrealized appreciation (depreciation) from investment in ETH | |
| — | | |
| 10,194,816 | |
| |
Net realized loss on investment in ETH | |
| — | | |
| (1,567,418 | ) |
| |
Ending balance as of December 31, 2024 | |
| 43,935.83 | | |
$ | 146,428,902 | |
| | | |
| (a) | Commencement of Operations, the Trust did not hold any ETH as of May 20, 2024. |
|