ETHEvsBTCS
Grayscale Ethereum Trust vs BTCS Inc
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.
ETHE
Grayscale Ethereum Trust
🇺🇸 US
771,871 ETH
$1.5B market value
BTCS
BTCS Inc
🇺🇸 US
57,607 ETH
$108.3M market value
Metric
ETHE
BTCS
ETH holdings
771,871 ETH
57,607 ETH
Market value of ETH
$1.5B
$108.3M
Average cost per ETH
—
$2,653.00
Total cost basis
—
$152.8M
mNAV (market cap ÷ ETH value)
—
0.46×
Last disclosed purchase
Jul 13, 2026
May 14, 2026
- Jul 13, 2026+-124 ETH$217.6K
- Jul 10, 2026+-19 ETH$33.8K
- Jul 9, 2026+-18 ETH$31.3K
- Jul 8, 2026+-18 ETH$30.6K
- Jul 7, 2026+-1,079 ETH$1.9M
ETHE vs BTCS: frequently asked
Which company holds more Ethereum, ETHE or BTCS?▾
Grayscale Ethereum Trust (ETHE) holds 771,871 ETH, compared to BTCS Inc's (BTCS) 57,607 ETH — roughly 13.4× more.
What's the total Ethereum value on the balance sheets of ETHE and BTCS?▾
ETHE holds $1.5B worth of Ethereum at current market prices. BTCS holds $108.3M.
Who has a lower cost basis per ETH, ETHE or BTCS?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did ETHE last buy Ethereum?▾
ETHE disclosed a -124 ETH purchase on July 13, 2026.
When did BTCS last buy Ethereum?▾
BTCS disclosed a -13,180 ETH purchase on May 14, 2026.