ETHEvsSBET
Grayscale Ethereum Trust 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.
ETHE
Grayscale Ethereum Trust
🇺🇸 US
771,871 ETH
$1.5B market value
SBET
SharpLink Gaming
🇺🇸 US
886,725 ETH
$1.7B market value
Metric
ETHE
SBET
ETH holdings
771,871 ETH
886,725 ETH
Market value of ETH
$1.5B
$1.7B
Average cost per ETH
—
$3,160.69
Total cost basis
—
$2.8B
mNAV (market cap ÷ ETH value)
—
0.69×
Last disclosed purchase
Jul 13, 2026
Jun 30, 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 SBET: frequently asked
Which company holds more Ethereum, ETHE or SBET?▾
SharpLink Gaming (SBET) holds 886,725 ETH, compared to Grayscale Ethereum Trust's (ETHE) 771,871 ETH — roughly 1.1× more.
What's the total Ethereum value on the balance sheets of ETHE and SBET?▾
ETHE holds $1.5B worth of Ethereum at current market prices. SBET holds $1.7B.
Who has a lower cost basis per ETH, ETHE or SBET?▾
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 SBET last buy Ethereum?▾
SBET disclosed a 10,000 ETH purchase on June 30, 2026.