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<!-- DFIN New ActiveDisclosure (SM) XBRL Schema Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2026-08-07T14:14:28.3752+00:00 -->
<!-- Copyright (c) 2026 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CoinbaseIncorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Coinbase Inc</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CoinbaseIncorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Coinbase Incorporation [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CoinbaseIncorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Coinbase Incorporation [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for return of capital, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized gain loss on investment return of capital.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Realized Gain Loss On Investment Return of Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expenses:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 2</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 2 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Per Share Data</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">End of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued and outstanding, no par value (unlimited Shares authorized)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balanced contract payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (decrease) increase in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfEthereumDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of ethereum distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfEthereumDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Ethereum Distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfEthereumDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of ethereum distributed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Transactions and Revenue Recognition</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized gain loss on investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay Sponsor's Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Investment Owned ,Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Balance, Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal income tax rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued, price per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common units issued, minimum basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Units Issued Minimum Basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common units issued, minimum basket.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tabular disclosure of investment owned balanced contract receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Receivable [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Ether Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Distributed Staking Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts distributed staking fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether distributed for Sponsor's Staking Fee, related party, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_DigitalCurrencyGroupIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Digital Currency Group, Inc.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_DigitalCurrencyGroupIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Digital Currency Group, Inc. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_DigitalCurrencyGroupIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Digital currency group, inc. [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Assets consists of:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ProRataDistributionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pro rata distribution of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ProRataDistributionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pro Rata Distribution of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ProRataDistributionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pro rata distribution of shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts redeemed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether Redeemed, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AmountOfEtherDistributedByTheTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of Ether distributed by the trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AmountOfEtherDistributedByTheTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amount Of Ether Distributed By The Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AmountOfEtherDistributedByTheTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of Ether distributed by the trust.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balanced contract receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional trust expenses paid by sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Trust Expenses Paid By Sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Additional trust expenses paid by sponsor.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment owned balance shares held by custodian</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Shares Held By Custodian</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, shares held by custodian.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EthereumFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ethereum Fair Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EthereumFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether Fair value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EthereumFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">ETH Fair value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EthereumFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ethereum fair value per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold for redemption of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold For Redemption Of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_QuantityOfEthereum_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Quantity of Ethereum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_QuantityOfEthereum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Quantity Of Ethereum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_QuantityOfEthereum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Quantity of Ethereum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninvestment Assets Less Noninvestment Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities in Excess of Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized gain loss on investment redemption of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Realized Gain Loss On Investment Redemption of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for redemption of shares, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold to Pay Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold to pay sponsor's staking fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CryptoAssetNumberOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Initial Distribution of bitcoin</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CryptoAssetNumberOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Crypto Asset, Number of Units, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CryptoAssetNumberOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Crypto Asset, Number of Units</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net (decrease) increase in net assets from investment operations:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts staking reward income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Staking Reward Income, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Change in Number of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net Change in Number of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net decrease in Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorsStakingFeePayableRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor's Staking Fee Payable Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorsStakingFeePayableRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor's staking fee payable related party.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorsStakingFeePayableRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Staking Fee payable, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfEtheShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of ETHE shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfEtheShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of ETHE shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfEtheShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of ETHE Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EtherStakingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ether Staking Policy Policy Text Block</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EtherStakingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ether staking policy policy text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_EtherStakingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether Staking</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentCompanyTotalReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentCompanyTotalReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company Total Returns</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentCompanyTotalReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment company total returns.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating Costs and Expenses, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Costs and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Noninvestment Asset Less Noninvestment Liability, Percent of Net Asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities in Excess of Other Assets, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized Gain on Investment in Ether Sold to Pay Sponsor's Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized gain on investment in ether sold to pay sponsor's fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay Sponsor's Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedDistributedToShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether distributed to Shareholders, Fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedDistributedToShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Distributed to Shareholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedDistributedToShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned distributed to shareholders.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Risks and Uncertainties [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized And Unrealized Gain Loss [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net Realized And Unrealized Gain Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized (loss) gain from:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tabular disclosure of schedule of activity in value of shares issued and redeemed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Activity in Value of Shares Issued and Redeemed [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Activity in Value of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashDistributionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash Distribution [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashDistributionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Distribution [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedNetRealizedGainLossOnInvestmentStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay Sponsor's Staking Fee, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedNetRealizedGainLossOnInvestmentStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Net Realized Gain Loss On Investment Staking Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedNetRealizedGainLossOnInvestmentStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned net realized gain loss on investment staking fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IndemnificationsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnifications Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IndemnificationsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indemnifications Disclosure [Abstract].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIssuerNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Issuer Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sponsor's staking fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Net Assets From Capital Share Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in net assets from capital share transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease in net assets from capital share transactions:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Gain (Loss) on Investment, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net realized and unrealized gain (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized (loss) gain</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized Gain on Investment in Ether Sold to Pay Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized gain on investment in ether sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Unrealized Gain (Loss) on Investments, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net change in unrealized appreciation on investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net change in unrealized appreciation/depreciation on investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Parent [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SponsorParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor's Parent [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentInEthereumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentInEthereumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Ethereum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentInEthereumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in Ethereum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares outstanding at beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares outstanding at end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Activity in Number of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tabular disclosure of schedule of activity in number of shares issued and redeemed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Activity in Number of Shares Issued and Redeemed [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_StakedEtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Staked Ether [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_StakedEtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Staked Ether.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_StakedEtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Staked Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SharesDistributedInSponsorStakingRewards_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares distributed in sponsor staking rewards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SharesDistributedInSponsorStakingRewards_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Distributed in Sponsor Staking Rewards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SharesDistributedInSponsorStakingRewards_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Shares distributed in sponsor staking rewards.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_SharesDistributedInSponsorStakingRewards_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Shares distributed in sponsor staking rewards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedForInitialDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether distributed for Initial Distribution (Return of Capital),Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedForInitialDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts distributed for initial distribution.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedForInitialDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Distributed for Initial Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfChangesInNetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Changes In Net Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ScheduleOfChangesInNetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule Of Changes In Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Investment Owned, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in Ether, at fair value (cost $906,990 Investment in Ether, at fair value (cost $906,990 and $899,990 as of June 30, 2026 and December 31, 2025, respectively)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether contributed, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned New Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned new contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts New Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Owned, Balance, Contracts New Contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether contributed, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change In Unrealized Appreciation Depreciation On Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net change in unrealized appreciation depreciation on investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation on investment in Ether, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total (decrease) increase in net assets from operations and capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Total Increase Decrease In Net Assets From Operations And Capital Shares Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Total increase decrease in net assets from operations and capital shares transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total decrease in net assets from operations and capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Incidental Rights distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Incidental Rights Distributed In Payment Of Sponsors Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of incidental rights distributed in payment of sponsors fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost of investment in Ether at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether redeemed, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Ether redeemed, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned staking reward income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Staking Reward Income, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party sponsor fee percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non Sponsor Paid Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Sponsor Paid Expenses [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non Sponsor Paid Expenses [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Act File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionsMadeToMemberOrLimitedPartnerByDistributionTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedDistributedStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Distributed Staking Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedDistributedStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned distributed staking fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedDistributedStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether distributed for Sponsor's Staking Fee, related party, Fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionMadeToLimitedLiabilityCompanyLLCMemberLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution Made to Limited Liability Company (LLC) Member [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Investments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_GrossStakingRewardsPercentageOnSponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gross Staking Rewards Percentage on Sponsor Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_GrossStakingRewardsPercentageOnSponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gross staking rewards percentage on sponsor fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_GrossStakingRewardsPercentageOnSponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross staking rewards percentage on sponsor fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change in Unrealized Appreciation Depreciation on Staking Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net change in unrealized appreciation depreciation on staking fee payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in Quantity of Ether and Respective Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holdings, Schedule of Investments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Common Stock, Shares, Outstanding, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Common Stock, Shares, Outstanding, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued and outstanding, no par value (unlimited Shares authorized)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInKindRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Gain (Loss) on in-kind Redemption</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInKindRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for redemption of shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedToShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Distributed to Shareholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedToShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts distributed to shareholders.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributedToShareholders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ether distributed to Shareholders, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Creations and Redemptions of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForInitialDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold For Initial Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForInitialDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized gain on investment in ether sold for initial distribution (Return of capital).</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForInitialDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for Income Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net increase in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (decrease) increase in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetInvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Investment Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetInvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% of Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Net Assets, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_StakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_StakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_StakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold For Income Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold for income distribution.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for Income Distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Legal Entity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Legal Entity [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring and Nonrecurring [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Related Party Transactions By Related Party [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in Shares outstanding:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Shares Outstanding [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in shares outstanding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Purchases from Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Staking Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold To Pay Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net realized gain on investment in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sponsor's fee payable, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee payable, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Payable, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ETH distributed for Sponsor's Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, contracts distributed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Ether distributed for Sponsor's Fee, related party, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Highlights Per Share Performance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonShareEquivalentOfEthereum_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share represented as Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonShareEquivalentOfEthereum_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Share Equivalent Of Ethereum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonShareEquivalentOfEthereum_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common share equivalent of Ethereum.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss), Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment income:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_DistributionOfAssetsLiabilitiesAndStockholdersEquityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution of Assets, Liabilities and Stockholders' Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_DistributionOfAssetsLiabilitiesAndStockholdersEquityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributions to Shareholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractPayableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Tabular disclosure of investment owned balanced contract payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractPayableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Payable [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalancedContractPayableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Ether Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Ether distributed for Sponsor's Fee, related party, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ETH distributed for Sponsor's Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Realized Gain Loss On Investment Staking Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized gain loss on investment staking fees.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentStakingFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay Sponsor's Staking Fee, Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party transaction in a fiscal year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Amounts of Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ratios to average net assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Ratios [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold to pay Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold For Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold for staking fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DistributionsMadeToLimitedLiabilityCompanyLLCMemberTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions Made to Limited Liability Company (LLC) Member [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioIncludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioIncludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense Ratio, after Fee Waiver and Incentive Fee Deduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net change in Unrealized Appreciation Depreciation on Sponsor's Staking Fee Payable in Ether</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in ether.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrustShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares of the Trust, held by related parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrustShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Held in Employee Trust, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net decrease in net assets resulting from capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Change in Value of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net realized and unrealized (loss) gain on investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Principal Market NAV, end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Principal Market NAV, beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market NAV per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfIncidentalRightHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Incidental Right held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfIncidentalRightHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Incidental Right Held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_NumberOfIncidentalRightHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of incidental right held.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market and Fair Value Determination</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Financial Instruments, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Indemnifications</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnifications Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indemnifications Disclosure [Text Block].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AmountOfEtherDistributedByTheTrustValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount of Ether distributed by the trust value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AmountOfEtherDistributedByTheTrustValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of ether distributed by the trust value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_AmountOfEtherDistributedByTheTrustValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amount of Ether Distributed by the Trust Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends, Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCash_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Dividends, Cash, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash distribution</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Per Share Data:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Net Change in Unrealized Appreciation Depreciation on Staking Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned net change in unrealized appreciation depreciation on staking fee payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentOwnedNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in Ether, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_MinorityInterestPercentageOfOwnershipByAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of minority interest owned</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_MinorityInterestPercentageOfOwnershipByAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minority Interest Percentage Of Ownership By Affiliate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_MinorityInterestPercentageOfOwnershipByAffiliate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Minority interest percentage of ownership by affiliate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfSponsorFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Sponsor's Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentCompanyGainLossOnReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment company gain loss on return of capital.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentCompanyGainLossOnReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company Gain Loss on Return of Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_InvestmentCompanyGainLossOnReturnOfCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in Ether sold for return of capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 1</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 1 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares held in employee trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Held in Employee Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease (increase) in net assets from operations:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonStockHeldInEmployeeTrustUnderAuthorization_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common stock held In employee trust under authorization.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonStockHeldInEmployeeTrustUnderAuthorization_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Held In Employee Trust Under Authorization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_CommonStockHeldInEmployeeTrustUnderAuthorization_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares purchased under authorization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_DistributionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_DistributionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributions abstract.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfSponsorStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Sponsor Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfSponsorStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of Sponsor Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ethe_PercentageOfSponsorStakingFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorizedUnlimited_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Authorized, Unlimited [Fixed List]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIssuerNameAxis" xlink:to="us-gaap_InvestmentIssuerNameAxis_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityAbstract" xlink:to="us-gaap_EquityAbstract_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ethe_CoinbaseIncorporationMember" xlink:to="ethe_CoinbaseIncorporationMember_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital" xlink:to="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock" xlink:to="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ethe_SponsorMember" xlink:to="ethe_SponsorMember_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingPolicyPolicyTextBlock" xlink:to="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ethe_InvestmentOwnedBalancedContractPayable" xlink:to="ethe_InvestmentOwnedBalancedContractPayable_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ethe_PercentageOfEthereumDistributed" xlink:to="ethe_PercentageOfEthereumDistributed_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:to="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestment" xlink:to="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestment_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl"/>
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          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss" xlink:to="ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee" order="4" weight="1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss" xlink:to="ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution" order="5" weight="1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss" xlink:to="ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther" order="7" weight="1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss" xlink:to="ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares" order="10" weight="1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_UnrealizedGainLossOnInvestments" order="11" weight="1" use="optional"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions" xlink:label="ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentIncomeNet" xlink:label="us-gaap_InvestmentIncomeNet"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityPeriodIncreaseDecrease" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee" xlink:label="ethe_NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_SharesDistributedInSponsorStakingRewards" xlink:label="ethe_SharesDistributedInSponsorStakingRewards"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee" xlink:label="ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther" xlink:label="ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares" xlink:label="ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnrealizedGainLossOnInvestments" xlink:label="us-gaap_UnrealizedGainLossOnInvestments"/>
        </link:calculationLink>
        <link:calculationLink xlink:type="extended" xlink:role="http://grayscale.com/20260630/taxonomy/role/DisclosureCreationsAndRedemptionsOfSharesScheduleOfActivityInNumberOfSharesIssuedAndRedeemedDetails">
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues" order="0" weight="1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodShares" order="1" weight="-1" use="optional"/>
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        </link:calculationLink>
        <link:calculationLink xlink:type="extended" xlink:role="http://grayscale.com/20260630/taxonomy/role/DisclosureCreationsAndRedemptionsOfSharesScheduleOfActivityInValueOfSharesIssuedAndRedeemedDetails">
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquityPeriodIncreaseDecrease" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues" order="0" weight="1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquityPeriodIncreaseDecrease" xlink:to="us-gaap_StockRedeemedOrCalledDuringPeriodValue" order="1" weight="-1" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_StockholdersEquityPeriodIncreaseDecrease" xlink:to="ethe_SharesDistributedInSponsorStakingRewards" order="2" weight="-1" use="optional"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityPeriodIncreaseDecrease" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue"/>
          <link:loc xlink:type="locator" xlink:href="ethe-20260630.xsd#ethe_SharesDistributedInSponsorStakingRewards" xlink:label="ethe_SharesDistributedInSponsorStakingRewards"/>
        </link:calculationLink>
        <link:calculationLink xlink:type="extended" xlink:role="http://grayscale.com/20260630/taxonomy/role/Role_DisclosureFinancialHighlightsPerSharePerformanceSummaryOfPerShareDataDetails">
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:to="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" order="0" weight="1.00" use="optional"/>
          <link:calculationArc xlink:type="arc" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:to="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare" order="1" weight="1.00" use="optional"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare"/>
        </link:calculationLink>
      </link:linkbase>
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:element id="ethe_StakedEtherMember" name="StakedEtherMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_SharesDistributedInSponsorStakingRewards" name="SharesDistributedInSponsorStakingRewards" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_NumberOfIncidentalRightHeld" name="NumberOfIncidentalRightHeld" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_EtherStakingPolicyPolicyTextBlock" name="EtherStakingPolicyPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther" name="NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInEther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_PercentageOfEthereumDistributed" name="PercentageOfEthereumDistributed" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_StakingRewardIncome" name="StakingRewardIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital" name="InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentReturnOfCapital" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalancedContractReceivable" name="InvestmentOwnedBalancedContractReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsDistributedForInitialDistribution" name="InvestmentOwnedBalanceContractsDistributedForInitialDistribution" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment" name="InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_CommonShareEquivalentOfEthereum" name="CommonShareEquivalentOfEthereum" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_CommonUnitsIssuedMinimumBasket" name="CommonUnitsIssuedMinimumBasket" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalancedContractPayable" name="InvestmentOwnedBalancedContractPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentOwnedNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable" name="InvestmentOwnedNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_DigitalCurrencyGroupIncMember" name="DigitalCurrencyGroupIncMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNewContributions" name="InvestmentOwnedBalanceContractsNewContributions" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedNetRealizedGainLossOnInvestmentStakingFees" name="InvestmentOwnedNetRealizedGainLossOnInvestmentStakingFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_NonSponsorPaidExpensesMember" name="NonSponsorPaidExpensesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_NetAssetsAbstract" name="NetAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_MinorityInterestPercentageOfOwnershipByAffiliate" name="MinorityInterestPercentageOfOwnershipByAffiliate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_ProRataDistributionOfShares" name="ProRataDistributionOfShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_AdditionalTrustExpensesPaidBySponsor" name="AdditionalTrustExpensesPaidBySponsor" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions" name="TotalIncreaseDecreaseInNetAssetsFromOperationsAndCapitalSharesTransactions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_QuantityOfEthereum" name="QuantityOfEthereum" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_RealizedInvestmentGainsLossesSoldForInitialDistribution" name="RealizedInvestmentGainsLossesSoldForInitialDistribution" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_AmountOfEtherDistributedByTheTrust" name="AmountOfEtherDistributedByTheTrust" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedDistributedStakingFees" name="InvestmentOwnedDistributedStakingFees" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_InvestmentOwnedBalancedContractPayableTableTextBlock" name="InvestmentOwnedBalancedContractPayableTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentsOwnedDistributions" name="InvestmentsOwnedDistributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_NetRealizedGainOnInvestmentInEtherSoldToPayExpenses" name="NetRealizedGainOnInvestmentInEtherSoldToPayExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentStakingFees" name="InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentStakingFees" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_EthereumFairValuePerShare" name="EthereumFairValuePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract" name="IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_PercentageOfSponsorStakingFee" name="PercentageOfSponsorStakingFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_SponsorsStakingFeePayableRelatedParty" name="SponsorsStakingFeePayableRelatedParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentCompanyGainLossOnReturnOfCapital" name="InvestmentCompanyGainLossOnReturnOfCapital" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock" name="ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_IndemnificationsDisclosureTextBlock" name="IndemnificationsDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock" name="ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_CoinbaseIncorporationMember" name="CoinbaseIncorporationMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsRedeemed" name="InvestmentOwnedBalanceContractsRedeemed" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee" name="NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentsOwnedNewContributions" name="InvestmentsOwnedNewContributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_RealizedInvestmentGainsLossesSoldForStakingFee" name="RealizedInvestmentGainsLossesSoldForStakingFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentInEthereumMember" name="InvestmentInEthereumMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee" name="NetRealizedGainOnInvestmentInEtherSoldToPaySponsorsFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_SponsorParentMember" name="SponsorParentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_RealizedInvestmentGainsLossesSoldForIncomeDistribution" name="RealizedInvestmentGainsLossesSoldForIncomeDistribution" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentOwnedDistributedToShareholders" name="InvestmentOwnedDistributedToShareholders" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_InvestmentMember" name="InvestmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_ChangeInSharesOutstandingAbstract" name="ChangeInSharesOutstandingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestment" name="InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestment" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentCompanyTotalReturns" name="InvestmentCompanyTotalReturns" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_NetRealizedAndUnrealizedGainLossAbstract" name="NetRealizedAndUnrealizedGainLossAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_RealizedInvestmentGainsLossesSoldForRedemptionOfShares" name="RealizedInvestmentGainsLossesSoldForRedemptionOfShares" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsStakingRewardIncome" name="InvestmentOwnedBalanceContractsStakingRewardIncome" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee" name="RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_DistributionsAbstract" name="DistributionsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_ScheduleOfChangesInNetAssetsAbstract" name="ScheduleOfChangesInNetAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_CommonStockHeldInEmployeeTrustUnderAuthorization" name="CommonStockHeldInEmployeeTrustUnderAuthorization" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceSharesHeldByCustodian" name="InvestmentOwnedBalanceSharesHeldByCustodian" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_PercentageOfSponsorFee" name="PercentageOfSponsorFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsDistributed" name="InvestmentOwnedBalanceContractsDistributed" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable" name="InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingFeePayable" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentIncome" name="InvestmentIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_RealizedInvestmentGainsLossesSoldToPayExpenses" name="RealizedInvestmentGainsLossesSoldToPayExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsDistributedStakingFees" name="InvestmentOwnedBalanceContractsDistributedStakingFees" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_NumberOfEtheShares" name="NumberOfEtheShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_AmountOfEtherDistributedByTheTrustValue" name="AmountOfEtherDistributedByTheTrustValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsDistributedToShareholders" name="InvestmentOwnedBalanceContractsDistributedToShareholders" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_IndemnificationsDisclosureAbstract" name="IndemnificationsDisclosureAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_SponsorMember" name="SponsorMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ethe_InvestmentOwnedBalancedContractReceivableTableTextBlock" name="InvestmentOwnedBalancedContractReceivableTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_GrossStakingRewardsPercentageOnSponsorFees" name="GrossStakingRewardsPercentageOnSponsorFees" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentRedemptionOfShares" name="InvestmentOwnedBalanceContractsNetRealizedGainLossOnInvestmentRedemptionOfShares" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ethe_InvestmentOwnedStakingRewardIncome" name="InvestmentOwnedStakingRewardIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
</xsd:schema>
