$ETCG
Grayscale Ethereum Classic Trust (ETC)

2022 Q1 Form 10-K Financial Statement

#000095017022002040 Filed on February 25, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2020 Q4
Revenue
YoY Change
Cost Of Revenue $2.800M
YoY Change
Gross Profit -$2.800M
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $0.00
YoY Change
Operating Profit -$2.800M
YoY Change
Interest Expense $164.9M
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $162.1M
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $162.1M
YoY Change
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $11.58M
COMMON SHARES
Basic Shares Outstanding 13.99M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $569.5M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $569.5M $69.60M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $0.00 $0.00
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $569.5M
YoY Change
Total Liabilities & Shareholders Equity $569.5M
YoY Change

Cashflow Statement

Concept 2022 Q1 2020 Q4
OPERATING ACTIVITIES
Net Income $162.1M
YoY Change
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2021 dei Entity Central Index Key
EntityCentralIndexKey
0001705181
CY2021 dei Amendment Flag
AmendmentFlag
false
CY2021 dei Document Type
DocumentType
10-K
CY2021 dei Document Annual Report
DocumentAnnualReport
true
CY2021 dei Document Period End Date
DocumentPeriodEndDate
2021-12-31
CY2021 dei Document Transition Report
DocumentTransitionReport
false
CY2021 dei Entity File Number
EntityFileNumber
000-56309
CY2021 dei Entity Registrant Name
EntityRegistrantName
Grayscale® Ethereum Classic Trust (ETC)
CY2021 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
82-6239281
CY2021 dei Entity Address Address Line1
EntityAddressAddressLine1
290 Harbor Drive, 4th Floor
CY2021 dei Entity Address City Or Town
EntityAddressCityOrTown
Stamford
CY2021 dei Entity Address State Or Province
EntityAddressStateOrProvince
CT
CY2021 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
06902
CY2021 dei City Area Code
CityAreaCode
212
CY2021 dei Local Phone Number
LocalPhoneNumber
668-1427
CY2021 dei Security12g Title
Security12gTitle
Grayscale Ethereum Classic Trust (ETC) Shares
CY2021 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2021 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2021 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2021 dei Entity Small Business
EntitySmallBusiness
false
CY2021 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2021 dei Entity Ex Transition Period
EntityExTransitionPeriod
true
CY2021 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2021 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Public Float
EntityPublicFloat
485613908
CY2022Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13993800
CY2021 dei Auditor Firm
AuditorFirmId
711
CY2021 dei Auditor Name
AuditorName
Friedman LLP
CY2021 dei Auditor Location
AuditorLocation
East Hanover, New Jersey
CY2021Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
91793000
CY2020Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
91860000
CY2021Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
407466000
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
69604000
CY2021Q4 us-gaap Assets
Assets
407466000
CY2020Q4 us-gaap Assets
Assets
69604000
CY2021Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
0
CY2020Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
0
CY2021Q4 us-gaap Liabilities
Liabilities
0
CY2020Q4 us-gaap Liabilities
Liabilities
0
CY2021Q4 us-gaap Assets Net
AssetsNet
407466000
CY2020Q4 us-gaap Assets Net
AssetsNet
69604000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
100243000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
97527000
CY2021Q4 etcg Accumulated Net Investment Loss
AccumulatedNetInvestmentLoss
-21798000
CY2020Q4 etcg Accumulated Net Investment Loss
AccumulatedNetInvestmentLoss
-6224000
CY2021Q4 etcg Accumulated Net Realized Gain
AccumulatedNetRealizedGain
13348000
CY2020Q4 etcg Accumulated Net Realized Gain
AccumulatedNetRealizedGain
557000
CY2021Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
315673000
CY2020Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
-22256000
CY2021Q4 us-gaap Assets Net
AssetsNet
407466000
CY2020Q4 us-gaap Assets Net
AssetsNet
69604000
CY2021Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
13993800
CY2020Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
13714100
CY2021Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
29.12
CY2020Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
5.08
CY2021Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
91793000
CY2021Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
407466000
CY2021Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
1
CY2020Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
91860000
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
69604000
CY2020Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
1
CY2021 etcg Investment Income
InvestmentIncome
0
CY2020 etcg Investment Income
InvestmentIncome
0
CY2019 etcg Investment Income
InvestmentIncome
0
CY2021 us-gaap Sponsor Fees
SponsorFees
15574000
CY2020 us-gaap Sponsor Fees
SponsorFees
2140000
CY2019 us-gaap Sponsor Fees
SponsorFees
1013000
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
-15574000
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
-2140000
CY2019 us-gaap Investment Income Net
InvestmentIncomeNet
-1013000
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
12791000
CY2020 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-370000
CY2019 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-641000
CY2021 etcg Net Change In Unrealized Depreciation Appreciation On Sponsor S Fee Payable
NetChangeInUnrealizedDepreciationAppreciationOnSponsorSFeePayable
0
CY2020 etcg Net Change In Unrealized Depreciation Appreciation On Sponsor S Fee Payable
NetChangeInUnrealizedDepreciationAppreciationOnSponsorSFeePayable
0
CY2019 etcg Net Change In Unrealized Depreciation Appreciation On Sponsor S Fee Payable
NetChangeInUnrealizedDepreciationAppreciationOnSponsorSFeePayable
-84000
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
337929000
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
9212000
CY2019 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-9505000
CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
350720000
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
8842000
CY2019 us-gaap Gain Loss On Investments
GainLossOnInvestments
-10230000
CY2021 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
335146000
CY2020 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
6702000
CY2019 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-11243000
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
-15574000
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
-2140000
CY2019 us-gaap Investment Income Net
InvestmentIncomeNet
-1013000
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
12791000
CY2020 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-370000
CY2019 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-641000
CY2021 etcg Net Change In Unrealized Depreciation Appreciation On Sponsor S Fee Payable
NetChangeInUnrealizedDepreciationAppreciationOnSponsorSFeePayable
0
CY2020 etcg Net Change In Unrealized Depreciation Appreciation On Sponsor S Fee Payable
NetChangeInUnrealizedDepreciationAppreciationOnSponsorSFeePayable
0
CY2019 etcg Net Change In Unrealized Depreciation Appreciation On Sponsor S Fee Payable
NetChangeInUnrealizedDepreciationAppreciationOnSponsorSFeePayable
-84000
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
337929000
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
9212000
CY2019 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-9505000
CY2021 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
335146000
CY2020 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
6702000
CY2019 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-11243000
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2716000
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
22892000
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
27621000
CY2021 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
2716000
CY2020 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
22892000
CY2019 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
27621000
CY2021 etcg Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
337862000
CY2020 etcg Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
29594000
CY2019 etcg Increase Decrease In Net Assets
IncreaseDecreaseInNetAssets
16378000
CY2020Q4 us-gaap Assets Net
AssetsNet
69604000
CY2019Q4 us-gaap Assets Net
AssetsNet
40010000
CY2018Q4 us-gaap Assets Net
AssetsNet
23632000
CY2021Q4 us-gaap Assets Net
AssetsNet
407466000
CY2020Q4 us-gaap Assets Net
AssetsNet
69604000
CY2021 etcg Investment Company Total Return1
InvestmentCompanyTotalReturn1
4.7323
CY2020 etcg Investment Company Total Return1
InvestmentCompanyTotalReturn1
0.2808
CY2019 etcg Investment Company Total Return1
InvestmentCompanyTotalReturn1
-0.0965
CY2021 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0300
CY2020 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0300
CY2019 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0300
CY2019Q4 us-gaap Assets Net
AssetsNet
40010000
CY2020Q4 us-gaap Shares Outstanding
SharesOutstanding
13714100
CY2019Q4 us-gaap Shares Outstanding
SharesOutstanding
9797400
CY2018Q4 us-gaap Shares Outstanding
SharesOutstanding
5073700
CY2021 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
279700
CY2020 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3916700
CY2019 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4723700
CY2021 us-gaap Stock Issued During Period Shares Period Increase Decrease
StockIssuedDuringPeriodSharesPeriodIncreaseDecrease
279700
CY2020 us-gaap Stock Issued During Period Shares Period Increase Decrease
StockIssuedDuringPeriodSharesPeriodIncreaseDecrease
3916700
CY2019 us-gaap Stock Issued During Period Shares Period Increase Decrease
StockIssuedDuringPeriodSharesPeriodIncreaseDecrease
4723700
CY2021Q4 us-gaap Shares Outstanding
SharesOutstanding
13993800
CY2020Q4 us-gaap Shares Outstanding
SharesOutstanding
13714100
CY2019Q4 us-gaap Shares Outstanding
SharesOutstanding
9797400
CY2021Q4 etcg Common Units Issued Minimum Basket
CommonUnitsIssuedMinimumBasket
100
CY2021Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
407466000
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
69604000
CY2021Q4 etcg Investment Owned Balance Shares Held By Custodian
InvestmentOwnedBalanceSharesHeldByCustodian
12155893.99048110
CY2020Q4 etcg Investment Owned Balance Shares Held By Custodian
InvestmentOwnedBalanceSharesHeldByCustodian
12275746.83121040
CY2019Q4 etcg Investment Owned Balance Shares Held By Custodian
InvestmentOwnedBalanceSharesHeldByCustodian
9037670.79042871
CY2021Q4 etcg Ethereum Classic Fair Value Per Share
EthereumClassicFairValuePerShare
33.52
CY2020Q4 etcg Ethereum Classic Fair Value Per Share
EthereumClassicFairValuePerShare
5.67
CY2019Q4 etcg Ethereum Classic Fair Value Per Share
EthereumClassicFairValuePerShare
4.43
CY2018Q4 us-gaap Investment Owned Balance Contracts
InvestmentOwnedBalanceContracts
4858670.23941074
CY2018Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
23807000
CY2019 etcg Investment Owned Balance Contracts New Contributions
InvestmentOwnedBalanceContractsNewContributions
4401630.00783732
CY2019 etcg Investments Owned New Contributions
InvestmentsOwnedNewContributions
27621000
CY2019 etcg Investment Owned Balance Contracts Distributed
InvestmentOwnedBalanceContractsDistributed
-222629.45681935
CY2019 etcg Investments Owned Distributions
InvestmentsOwnedDistributions
-1272000
CY2019 etcg Investment Owned Balance Contracts Net Change In Unrealized Depreciation Appreciation
InvestmentOwnedBalanceContractsNetChangeInUnrealizedDepreciationAppreciation
0
CY2019 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-9505000
CY2019 etcg Investment Owned Balance Contracts Net Realized Loss Gain
InvestmentOwnedBalanceContractsNetRealizedLossGain
0
CY2019 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-641000
CY2019Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
40010000
CY2019Q4 us-gaap Investment Owned Balance Contracts
InvestmentOwnedBalanceContracts
9037670.79042871
CY2020 etcg Investment Owned Balance Contracts New Contributions
InvestmentOwnedBalanceContractsNewContributions
3566822.47691297
CY2020 etcg Investments Owned New Contributions
InvestmentsOwnedNewContributions
22892000
CY2020 etcg Investment Owned Balance Contracts Distributed
InvestmentOwnedBalanceContractsDistributed
-328746.43613128
CY2020 etcg Investments Owned Distributions
InvestmentsOwnedDistributions
-2140000
CY2020 etcg Investment Owned Balance Contracts Net Change In Unrealized Depreciation Appreciation
InvestmentOwnedBalanceContractsNetChangeInUnrealizedDepreciationAppreciation
0
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
9212000
CY2020 etcg Investment Owned Balance Contracts Net Realized Loss Gain
InvestmentOwnedBalanceContractsNetRealizedLossGain
0
CY2020 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-370000
CY2020Q4 us-gaap Investment Owned Balance Contracts
InvestmentOwnedBalanceContracts
12275746.83121040
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
69604000
CY2021 etcg Investment Owned Balance Contracts New Contributions
InvestmentOwnedBalanceContractsNewContributions
249223.57301485
CY2021 etcg Investments Owned New Contributions
InvestmentsOwnedNewContributions
2716000
CY2021 etcg Investment Owned Balance Contracts Distributed
InvestmentOwnedBalanceContractsDistributed
-369076.41374415
CY2021 etcg Investments Owned Distributions
InvestmentsOwnedDistributions
-15574000
CY2021 etcg Investment Owned Balance Contracts Net Change In Unrealized Depreciation Appreciation
InvestmentOwnedBalanceContractsNetChangeInUnrealizedDepreciationAppreciation
0
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
337929000
CY2021 etcg Investment Owned Balance Contracts Net Realized Loss Gain
InvestmentOwnedBalanceContractsNetRealizedLossGain
0
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
12791000
CY2021Q4 us-gaap Investment Owned Balance Contracts
InvestmentOwnedBalanceContracts
12155893.99048110
CY2021Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
407466000
CY2021Q4 etcg Common Share Equivalent Of Etc
CommonShareEquivalentOfETC
0.8687
CY2020Q4 etcg Common Share Equivalent Of Etc
CommonShareEquivalentOfETC
0.8951
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021Q4 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
3271674
CY2020Q4 us-gaap Common Stock Shares Held In Employee Trust Shares
CommonStockSharesHeldInEmployeeTrustShares
2113768
CY2021 us-gaap Related Party Transaction Rate
RelatedPartyTransactionRate
0.030
CY2021Q4 etcg Number Of Incidental Rights Held
NumberOfIncidentalRightsHeld
0
CY2020Q4 etcg Number Of Incidental Rights Held
NumberOfIncidentalRightsHeld
0
CY2021 etcg Number Of Incidental Rights Distributed In Payment Of Sponsors Fee
NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee
0
CY2020 etcg Number Of Incidental Rights Distributed In Payment Of Sponsors Fee
NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee
0
CY2019 etcg Number Of Incidental Rights Distributed In Payment Of Sponsors Fee
NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee
0
CY2021 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
15573275
CY2020 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
2140231
CY2019 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
1012662
CY2021Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
0
CY2020Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
0
CY2021 etcg Additional Trust Expenses Paid By Sponsor
AdditionalTrustExpensesPaidBySponsor
0
CY2020 etcg Additional Trust Expenses Paid By Sponsor
AdditionalTrustExpensesPaidBySponsor
0
CY2019 etcg Additional Trust Expenses Paid By Sponsor
AdditionalTrustExpensesPaidBySponsor
0
CY2019 us-gaap Risks And Uncertainties In Entitys Business
RisksAndUncertaintiesInEntitysBusiness
During the year ended December 31, 2019, the Ethereum Classic Network was the target of a double-spend attack by an unknown actor that gained more than 50% of the processing power of the Ethereum Classic Network. The attack resulted in reorganizations of the Ethereum Classic Blockchain that allowed the attacker to reverse previously recorded transactions in excess of over $1.0 million.
CY2019 etcg Excess Of Transactions Amount
ExcessOfTransactionsAmount
1000000.0
CY2020Q3 us-gaap Risks And Uncertainties In Entitys Business
RisksAndUncertaintiesInEntitysBusiness
In August 2020, the Ethereum Classic Network was the target of two double-spend attacks by an unknown actor or actors that gained more than 50% of the processing power of the Ethereum Classic Network. The attack resulted in reorganizations of the Ethereum Classic Blockchain that allowed the attacker or attackers to reverse previously recorded transactions in excess of over $5.0 million and $1.0 million.
CY2020Q3 etcg Number Of Double Spend Attack
NumberOfDoubleSpendAttack
2
CY2021Q1 us-gaap Sponsor Fees
SponsorFees
960000
CY2021Q2 us-gaap Sponsor Fees
SponsorFees
5054000
CY2021Q3 us-gaap Sponsor Fees
SponsorFees
5144000
CY2021Q4 us-gaap Sponsor Fees
SponsorFees
4416000
CY2021 us-gaap Sponsor Fees
SponsorFees
15574000
CY2021Q1 us-gaap Investment Income Net
InvestmentIncomeNet
-960000
CY2021Q2 us-gaap Investment Income Net
InvestmentIncomeNet
-5054000
CY2021Q3 us-gaap Investment Income Net
InvestmentIncomeNet
-5144000
CY2021Q4 us-gaap Investment Income Net
InvestmentIncomeNet
-4416000
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
-15574000
CY2021Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
276000
CY2021Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
4354000
CY2021Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
4442000
CY2021Q4 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
3719000
CY2021 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
12791000
CY2021Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
96594000
CY2021Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
519008000
CY2021Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-115194000
CY2021Q4 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-162479000
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
337929000
CY2021Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
96870000
CY2021Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
523362000
CY2021Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-110752000
CY2021Q4 us-gaap Gain Loss On Investments
GainLossOnInvestments
-158760000
CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
350720000
CY2021Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
95910000
CY2021Q2 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
518308000
CY2020 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.18
CY2019 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.10
CY2021 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
25.16
CY2020 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
1.18
CY2021Q3 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-115896000
CY2021Q4 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-163176000
CY2021 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
335146000
CY2020Q1 us-gaap Sponsor Fees
SponsorFees
536000
CY2020Q2 us-gaap Sponsor Fees
SponsorFees
494000
CY2020Q3 us-gaap Sponsor Fees
SponsorFees
572000
CY2020Q4 us-gaap Sponsor Fees
SponsorFees
538000
CY2020 us-gaap Sponsor Fees
SponsorFees
2140000
CY2020Q1 us-gaap Investment Income Net
InvestmentIncomeNet
-536000
CY2020Q2 us-gaap Investment Income Net
InvestmentIncomeNet
-494000
CY2020Q3 us-gaap Investment Income Net
InvestmentIncomeNet
-572000
CY2020Q4 us-gaap Investment Income Net
InvestmentIncomeNet
-538000
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
-2140000
CY2020Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-5000
CY2020Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-110000
CY2020Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-99000
CY2020Q4 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-156000
CY2020 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
-370000
CY2020Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
3629000
CY2020Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
7338000
CY2020Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-1400000
CY2020Q4 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-355000
CY2020 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
9212000
CY2020Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
3624000
CY2020Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
7228000
CY2020Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1499000
CY2020Q4 us-gaap Gain Loss On Investments
GainLossOnInvestments
-511000
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
8842000
CY2020Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
3088000
CY2020Q2 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
6734000
CY2020Q3 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-2071000
CY2020Q4 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-1049000
CY2020 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
6702000
CY2020Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
5.08
CY2019Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
4.08
CY2018Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
4.66
CY2021 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-1.12
CY2019 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.48
CY2021 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
24.04
CY2020 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
1.00
CY2019 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
-0.58
CY2021Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
29.12
CY2020Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
5.08
CY2019Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
4.08
CY2021 us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.0300
CY2020 us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.0300
CY2019 us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.0300

Files In Submission

Name View Source Status
0000950170-22-002040-index-headers.html Edgar Link pending
0000950170-22-002040-index.html Edgar Link pending
0000950170-22-002040.txt Edgar Link pending
0000950170-22-002040-xbrl.zip Edgar Link pending
etcg-20211231.htm Edgar Link pending
etcg-20211231.xsd Edgar Link pending
etcg-20211231_cal.xml Edgar Link unprocessable
etcg-20211231_def.xml Edgar Link unprocessable
etcg-20211231_htm.xml Edgar Link completed
etcg-20211231_lab.xml Edgar Link unprocessable
etcg-20211231_pre.xml Edgar Link unprocessable
etcg-ex31_1.htm Edgar Link pending
etcg-ex31_2.htm Edgar Link pending
etcg-ex32_1.htm Edgar Link pending
etcg-ex32_2.htm Edgar Link pending
etcg-ex4_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
img24600054_0.jpg Edgar Link pending
img24600054_1.jpg Edgar Link pending
img24600054_2.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending