TETHvsSBET
21Shares Ethereum ETF vs SharpLink Gaming
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
SBET
SharpLink Gaming
🇺🇸 US
886,725 ETH
$1.7B market value
Metric
TETH
SBET
ETH holdings
8,685 ETH
886,725 ETH
Market value of ETH
$16.2M
$1.7B
Average cost per ETH
—
$3,160.69
Total cost basis
—
$2.8B
mNAV (market cap ÷ ETH value)
—
0.69×
Last disclosed purchase
Dec 31, 2025
Jun 30, 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—
- Jun 30, 2026
TETH vs SBET: frequently asked
Which company holds more Ethereum, TETH or SBET?▾
SharpLink Gaming (SBET) holds 886,725 ETH, compared to 21Shares Ethereum ETF's (TETH) 8,685 ETH — roughly 102.1× more.
What's the total Ethereum value on the balance sheets of TETH and SBET?▾
TETH holds $16.2M worth of Ethereum at current market prices. SBET holds $1.7B.
Who has a lower cost basis per ETH, TETH or SBET?▾
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 SBET last buy Ethereum?▾
SBET disclosed a 10,000 ETH purchase on June 30, 2026.