v3.25.2
Statement of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Investment in ether, at fair value (cost $1,297,566 and $1,540,471 at June 30, 2025 and December 31, 2024, respectively) $ 1,239,727 $ 1,572,626
Investment, Type [Extensible Enumeration] Investment in ether [Member] Investment in ether [Member]
Receivables from issuance of capital shares $ 25,709 $ 31,796
Total Assets 1,265,436 1,604,422
Liabilities    
Payable for purchases of ether 25,709 31,796
Sponsor fee payable 239 0
Total Liabilities 25,948 31,796
Commitments and Contingencies (Note 6)
Net Assets    
Shares, no par value (unlimited shares authorized) 49,925,000 and 47,175,000 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 0 0
Paid-in-capital 1,666,741 1,581,741
Total distributable earnings (loss) (427,253) (9,115)
Total Net Assets $ 1,239,488 $ 1,572,626
Net Asset Value per share (49,925,000 and 47,175,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively) $ 24.83 $ 33.34