INVESTMENT IN ETHER

3 Months Ended

Jun. 30, 2025

INVESTMENT IN ETHER [Abstract]

INVESTMENT IN ETHER

3.

INVESTMENT IN ETHER

The following represents the changes in quantity of ether held and the respective fair value during the quarter April 1, 2025 to June 30, 2025*:


		Quantity of ether				Amount in US$
Balance at April 1, 2025		11,780.2062			$	21,614,322
Ether purchased for the creation of Shares		3,417.9518				8,115,719
Ether sold for the redemption of Shares		(1,139.3693	)			(1,784,571	)
Principal on ether sales to pay expenses		(5.7860	)			(8,927	)
Net realized gain (loss) from ether sold for the redemption of shares		–				(1,744,386	)
Net change in unrealized appreciation (depreciation) on investment in ether		–				8,944,706
Balance at June 30, 2025		14,053.0027			$	35,136,863

*

No comparative period presented as the Fund’s operations commenced on July 23, 2024.

Franklin Ethereum ETF [Member]

INVESTMENT IN ETHER [Abstract]

INVESTMENT IN ETHER

3.

INVESTMENT IN ETHER

The following represents the changes in quantity of ether held and the respective fair value during the quarter April 1, 2025 to June 30, 2025*:


		Quantity of ether				Amount in US$
Balance at April 1, 2025		11,780.2062			$	21,614,322
Ether purchased for the creation of Shares		3,417.9518				8,115,719
Ether sold for the redemption of Shares		(1,139.3693	)			(1,784,571	)
Principal on ether sales to pay expenses		(5.7860	)			(8,927	)
Net realized gain (loss) from ether sold for the redemption of shares		–				(1,744,386	)
Net change in unrealized appreciation (depreciation) on investment in ether		–				8,944,706
Balance at June 30, 2025		14,053.0027			$	35,136,863

*

No comparative period presented as the Fund’s operations commenced on July 23, 2024.