Risks and Uncertainties |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Risks and Uncertainties [Abstract] | |
| Risks and Uncertainties | 7. Concentration Risk The Trust’s investment portfolio is concentrated in Ether, and its net asset value and results of operations are directly affected by the price of Ether, which has historically been highly volatile. As a result, the Trust may experience significant fluctuations in net asset value, including periods of substantial losses. This concentration also exposes the Trust to risks specific to Ether and its supporting infrastructure, including market liquidity constraints and operational or cybersecurity risks associated with the custody and transfer of Ether. |