Quarterly Statement of Operations (unaudited) (Tables)

12 Months Ended

Dec. 31, 2024

For the Period from May 1, 2024 (date of initial seeding) through December 31, 2024*

	Three Months Ended (unaudited)
	For the Period from May 1, 2024 (date of initial seeding) through June 30, 2024		Sept-30, 2024			Dec-31, 2024			For the Period from May 1, 2024 (date of initial seeding) through December 31, 2024
Expenses
Sponsor Fee	$	-	$	3,777		$	10,880		$	14,657
Waiver and Reimbursement		-		(3,777	)		(10,880	)		(14,657	)
Net expenses		-		-			-			-
Net investment loss		-		-			-			-

Realized and change in unrealized gain (loss)
Net realized gain on investment in ether sold for redemptions		-		-			3,067,740			3,067,740
Net change in unrealized appreciation on investment in ether		1,561		(3,223,608	)		4,540,414			1,318,367
							-
Net realized and change in unrealized gain (loss)		1,561		(3,223,608	)		7,608,154			4,386,107
Net increase (decrease) in net assets resulting from operations	$	1,561	$	(3,223,608	)	$	7,608,154		$	4,386,107

No prior year comparative table has been provided as this is the first fiscal year of the Trust’s operations.

21Shares Core Ethereum ETF 10-K