v3.26.1
Fair Value of Ether - Schedule of Changes in Quantity of Ether and Fair Value (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
Ether
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Ether
Jun. 30, 2025
USD ($)
Ether
Dec. 31, 2025
USD ($)
Ether
Fair Value Disclosures [Abstract]          
Beginning balance | Ether     115,663.9141 121,101.8582 121,101.8582
Purchases | Ether     45,314.6338   156,792.8617
In-Kind Redemptions | Ether     (2,504.9565)    
Sales for the redemption of Shares | Ether     (51,612.9369)   (162,038.8128)
Ether transferred for Sponsor Fee | Ether     (118.4981)   (191.993)
Ending balance | Ether 106,742.1564   106,742.1564   115,663.9141
Beginning balance     $ 343,746 $ 404,529 $ 404,529
Purchases     119,880   576,881
In-Kind Redemptions     (5,123)    
Sales for the redemption of Shares     (124,611)   (582,989)
Ether transferred for Sponsor Fee     (279)   (599)
Net realized gain (loss) from investment in ether transferred to pay Sponsor Fee     78   249
Net realized gain (loss) from In-Kind Redemptions of ether     868    
Net realized gain (loss) from investment in ether sold for redemptions $ (6,838) $ (16,707) (45,336) (30,348) (54,632)
Change in unrealized appreciation (depreciation) from investment in ether (47,883) $ 78,679 (120,727) $ (57,517) 307
Ending balance $ 168,496   $ 168,496   $ 343,746