QETHvsBTCS
Invesco Galaxy Ethereum ETF 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.
QETH
Invesco Galaxy Ethereum ETF
🇺🇸 US
8,992 ETH
$16.8M market value
BTCS
BTCS Inc
🇺🇸 US
57,607 ETH
$107.7M market value
Metric
QETH
BTCS
ETH holdings
8,992 ETH
57,607 ETH
Market value of ETH
$16.8M
$107.7M
Average cost per ETH
—
$2,653.00
Total cost basis
—
$152.8M
mNAV (market cap ÷ ETH value)
—
0.46×
Last disclosed purchase
Jul 10, 2026
May 14, 2026
- Jul 10, 2026+992 ETH$1.8M
- Jul 6, 2026+-230 ETH$414.5K
- Jun 8, 2026+303 ETH$500.0K
- Apr 20, 2026+518 ETH$1.2M
- Mar 31, 2026+335 ETH$891.8K
QETH vs BTCS: frequently asked
Which company holds more Ethereum, QETH or BTCS?▾
BTCS Inc (BTCS) holds 57,607 ETH, compared to Invesco Galaxy Ethereum ETF's (QETH) 8,992 ETH — roughly 6.4× more.
What's the total Ethereum value on the balance sheets of QETH and BTCS?▾
QETH holds $16.8M worth of Ethereum at current market prices. BTCS holds $107.7M.
Who has a lower cost basis per ETH, QETH or BTCS?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did QETH last buy Ethereum?▾
QETH disclosed a 992 ETH purchase on July 10, 2026.
When did BTCS last buy Ethereum?▾
BTCS disclosed a -13,180 ETH purchase on May 14, 2026.