ETHvsCOIN
Grayscale Ethereum Mini Trust vs Coinbase
Side-by-side crypto treasury comparison across tokens: ETH (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. ETH 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.
ETH
Grayscale Ethereum Mini Trust
🇺🇸 US
843,658 ETH
$1.6B market value
COIN
Coinbase
🇺🇸 US
16,949 BTC
$1.1B market value
Metric
ETH
COIN
Holdings (ETH / BTC)
843,658 ETH
16,949 BTC
Market value of treasury
$1.6B
$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 13, 2026
May 7, 2026
- Jul 13, 2026+37 ETH$64.7K
- Jul 10, 2026+44 ETH$78.2K
- Jul 9, 2026+45 ETH$78.1K
- Jul 8, 2026+45 ETH$79.1K
- Jul 7, 2026+191 ETH$338.3K
ETH vs COIN: frequently asked
Which company has a larger crypto treasury by USD value, ETH or COIN?▾
ETH (Ethereum) holds 843,658 ETH worth $1.6B. COIN (Bitcoin) holds 16,949 BTC worth $1.1B. ETH has the larger USD-value treasury — roughly 1.5× larger.
Can you compare ETH's ETH holdings directly to COIN's BTC holdings?▾
Not in token-native amounts — ETH holds Ethereum and COIN holds Bitcoin, so "843,658 ETH" and "16,949 BTC" measure different assets. The honest comparison is USD market value: $1.6B vs $1.1B at current prices.
What's ETH'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 ETH last buy Ethereum?▾
ETH disclosed a 37 ETH purchase on July 13, 2026.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.