ETHAvsBMNR
iShares Ethereum Trust 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.
ETHA
iShares Ethereum Trust ETF
🇺🇸 US
2,764,933 ETH
$5.2B market value
BMNR
BitMine Immersion Technologies
🇺🇸 US
5,770,038 ETH
$10.8B market value
Metric
ETHA
BMNR
ETH holdings
2,764,933 ETH
5,770,038 ETH
Market value of ETH
$5.2B
$10.8B
Average cost per ETH
—
$3,053.38
Total cost basis
—
$17.5B
mNAV (market cap ÷ ETH value)
—
0.77×
Last disclosed purchase
Jul 10, 2026
Jul 12, 2026
- Jul 10, 2026+9,055 ETH$16.3M
- Jul 10, 2026+8,888 ETH$16.2M
- Jul 9, 2026+-7,244 ETH$13.0M
- Jul 9, 2026+-7,083 ETH$12.7M
- Jul 7, 2026+14,543 ETH$25.3M
ETHA vs BMNR: frequently asked
Which company holds more Ethereum, ETHA or BMNR?▾
BitMine Immersion Technologies (BMNR) holds 5,770,038 ETH, compared to iShares Ethereum Trust ETF's (ETHA) 2,764,933 ETH — roughly 2.1× more.
What's the total Ethereum value on the balance sheets of ETHA and BMNR?▾
ETHA holds $5.2B worth of Ethereum at current market prices. BMNR holds $10.8B.
Who has a lower cost basis per ETH, ETHA or BMNR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did ETHA last buy Ethereum?▾
ETHA disclosed a 9,055 ETH purchase on July 10, 2026.
When did BMNR last buy Ethereum?▾
BMNR disclosed a 27,801 ETH purchase on July 12, 2026.