FETHvsCOIN
Fidelity Ethereum Fund vs Coinbase
Side-by-side crypto treasury comparison across tokens: FETH (Ethereum) vs COIN (Bitcoin). USD market value is directly comparable; token-native amounts are shown for context. Numbers refresh every 5 minutes.
Mixed-token comparison. FETH holds Ethereum, COIN holds Bitcoin — token-native amounts are shown side-by-side for context, but USD market value is the only directly comparable metric.
FETH
Fidelity Ethereum Fund
🇺🇸 US
497,380 ETH
$930.2M market value
COIN
Coinbase
🇺🇸 US
16,949 BTC
$1.1B market value
Metric
FETH
COIN
Holdings (ETH / BTC)
497,380 ETH
16,949 BTC
Market value of treasury
$930.2M
$1.1B
Average cost per token
—
$98,950.50
Total cost basis
—
$1.7B
mNAV (market cap ÷ token value)
—
38.26×
Last disclosed purchase
Jul 10, 2026
- Jul 10, 2026+1,245 ETH$2.3M
- Jul 10, 2026+1,207 ETH$2.2M
- Jul 9, 2026+-19,426 ETH$34.9M
- Jul 9, 2026+-18,964 ETH$34.0M
- Jul 8, 2026+39,848 ETH$69.6M
FETH vs COIN: frequently asked
Which company has a larger crypto treasury by USD value, FETH or COIN?▾
FETH (Ethereum) holds 497,380 ETH worth $930.2M. COIN (Bitcoin) holds 16,949 BTC worth $1.1B. COIN has the larger USD-value treasury — roughly 1.2× larger.
Can you compare FETH's ETH holdings directly to COIN's BTC holdings?▾
Not in token-native amounts — FETH holds Ethereum and COIN holds Bitcoin, so "497,380 ETH" and "16,949 BTC" measure different assets. The honest comparison is USD market value: $930.2M vs $1.1B at current prices.
What's FETH's cost basis per ETH, and COIN's per BTC?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did FETH last buy Ethereum?▾
FETH disclosed a 1,245 ETH purchase on July 10, 2026.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.