Financial Highlights (Tables)

3 Months Ended

Jun. 30, 2025

Investment Company, Financial Highlights [Abstract]

Investment Company, Financial Highlights [Table Text Block]

The financial highlights summarize certain per share operating information and financial ratios of net investment income (loss) and expenses, to daily average net assets for the periods below. An individual investor’s return and ratios may vary based on the timing of capital transactions:

	Three Months Ended June 30, 2025			Six Months Ended June 30, 2025			For the Period May 20, 2024 (Date of Seeding) to June 30, 2024
Net asset value per share, beginning of period	$	26.88		$	48.81		$	50.00

From investment operations:
Net investment loss^(a)		—			—			—
Net realized gain (loss) and change in unrealized appreciation (depreciation) from investments in ether^(b)		9.53			(12.40	)		1.17
Net increase (decrease) resulting from operations		9.53			(12.40	)		1.17

Net asset value per share, end of period	$	36.41		$	36.41		$	51.17

Total return^(c)(d)		35.45	%		(25.40	)%		2.34	%

Ratios to average net assets^(e)
Expenses before fee waiver		0.20	%		0.20	%		0.00	%
Expenses after fee waiver		0.00	%		0.00	%		0.00	%
Net investment loss		0.00	%		0.00	%		0.00	%
Portfolio turnover rate^(d)		4.40	%		5.79	%		0.00	%

(a)	Net investment loss per share has been calculated based upon an average of daily shares outstanding.
(b)	The amount shown for a share outstanding throughout the year may not agree with the change in the aggregate gains and losses for the year because of the timing of sales and repurchases of the Trust’s shares in relation to fluctuating market values for the Trust.
(c)	Returns are not annualized and include adjustments required by GAAP. Returns for financial statements purposes may differ from net asset values and performance reported elsewhere by the Trust.
(d)	Non-annualized.
(e)	Annualized.