When we ask whether ethanol is an acid or a base, we are delving into the fascinating and nuanced world of acid-base chemistry. Because of that, to answer this question accurately, we must look at the molecular structure of ethanol (C₂H₅OH), its chemical behavior in various environments, and how it compares to other common molecules. Day to day, the short answer is that ethanol is both a very weak acid and a very weak base. Because it exhibits properties of both, it is classified as an amphiprotic compound Worth keeping that in mind..
This is the bit that actually matters in practice.