QETHvsCOIN
Invesco Galaxy Ethereum ETF vs Coinbase
Side-by-side crypto treasury comparison across tokens: QETH (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. QETH 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.
QETH
Invesco Galaxy Ethereum ETF
🇺🇸 US
8,992 ETH
$16.8M market value
COIN
Coinbase
🇺🇸 US
16,949 BTC
$1.1B market value
Metric
QETH
COIN
Holdings (ETH / BTC)
8,992 ETH
16,949 BTC
Market value of treasury
$16.8M
$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
May 7, 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 COIN: frequently asked
Which company has a larger crypto treasury by USD value, QETH or COIN?▾
QETH (Ethereum) holds 8,992 ETH worth $16.8M. COIN (Bitcoin) holds 16,949 BTC worth $1.1B. COIN has the larger USD-value treasury — roughly 64.4× larger.
Can you compare QETH's ETH holdings directly to COIN's BTC holdings?▾
Not in token-native amounts — QETH holds Ethereum and COIN holds Bitcoin, so "8,992 ETH" and "16,949 BTC" measure different assets. The honest comparison is USD market value: $16.8M vs $1.1B at current prices.
What's QETH'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 QETH last buy Ethereum?▾
QETH disclosed a 992 ETH purchase on July 10, 2026.
When did COIN last buy Bitcoin?▾
COIN disclosed a 1,073 BTC purchase on May 7, 2026.