TETHvsBMNR
21Shares Ethereum ETF vs BitMine Immersion Technologies
Side-by-side Ethereum treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
TETH
21Shares Ethereum ETF
🇺🇸 US
8,685 ETH
$16.2M market value
BMNR
BitMine Immersion Technologies
🇺🇸 US
5,770,038 ETH
$10.8B market value
Metric
TETH
BMNR
ETH holdings
8,685 ETH
5,770,038 ETH
Market value of ETH
$16.2M
$10.8B
Average cost per ETH
—
$3,053.38
Total cost basis
—
$17.5B
mNAV (market cap ÷ ETH value)
—
0.77×
Last disclosed purchase
Dec 31, 2025
Jul 12, 2026
- Dec 31, 2025+0 ETH—
- Sep 30, 2025+0 ETH—
- Jun 30, 2025+0 ETH—
- Mar 31, 2025+0 ETH—
- Dec 31, 2024+0 ETH—
- Jul 12, 2026
TETH vs BMNR: frequently asked
Which company holds more Ethereum, TETH or BMNR?▾
BitMine Immersion Technologies (BMNR) holds 5,770,038 ETH, compared to 21Shares Ethereum ETF's (TETH) 8,685 ETH — roughly 664.3× more.
What's the total Ethereum value on the balance sheets of TETH and BMNR?▾
TETH holds $16.2M worth of Ethereum at current market prices. BMNR holds $10.8B.
Who has a lower cost basis per ETH, TETH or BMNR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did TETH last buy Ethereum?▾
TETH disclosed a 0 ETH purchase on December 31, 2025.
When did BMNR last buy Ethereum?▾
BMNR disclosed a 27,801 ETH purchase on July 12, 2026.