Statements of Assets and Liabilities - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Assets [Abstract] | ||
| Investment in ether, at fair value (cost $278,689 and $333,212, as of June 30, 2026 and December 31, 2025, respectively) | $ 168,496 | $ 343,746 |
| Total assets | 168,496 | 343,746 |
| Liabilities [Abstract] | ||
| Sponsor Fee payable | 30 | 61 |
| Total liabilities | 30 | 61 |
| Net Assets | $ 168,466 | $ 343,685 |
| Shares issued | 14,920,000 | 16,150,000 |
| Shares outstanding | 14,920,000 | 16,150,000 |
| Principal Market NAV per Share | $ 11.29 | $ 21.28 |
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- Definition Sponsor Fee Payable No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of net assets (liabilities). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Fair value of investment in security owned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Net asset value per share or per unit of investments in certain entities that calculate net asset value per share. Includes, but is not limited to, by unit, membership interest, or other ownership interest. Investment includes, but is not limited to, investment in certain hedge funds, venture capital funds, private equity funds, real estate partnerships or funds. Excludes fair value disclosure. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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