| Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
The following is
a summary of the fair value hierarchy as of June 30, 2025, and December 31, 2024:
| June 30, 2025 | |
Level 1 | |
Level 2 | |
Level 3 | |
Total |
| Assets | |
| | |
| | |
| | |
| |
| Investment in ETH | |
$ | 118,333,419 | | |
$ | — | | |
$ | — | | |
$ | 118,333,419 | |
| | |
| | | |
| | | |
| | | |
| | |
| 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 | |
| 7,688.77 | | |
| 20,206,287 | |
| ETH withdrawn | |
| (4,027.45) | | |
| (6,650,318) | |
| Net change in unrealized appreciation (depreciation)
from investment in ETH | |
| — | | |
| (35,835,849) | |
| Net realized loss on investment
in ETH | |
| — | | |
| (5,815,603) | |
| Ending
balance as of June 30, 2025 | |
| 47,597.15 | | |
$ | 118,333,419 | |
| | |
| | | |
| | |
| | |
| 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| ETH withdrawn | |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. |
|