ETHVvsBMNR
VanEck Ethereum ETF vs BitMine Immersion Technologies
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.
ETHV
VanEck Ethereum ETF
🇺🇸 US
48,963 ETH
$91.6M market value
BMNR
BitMine Immersion Technologies
🇺🇸 US
5,770,038 ETH
$10.8B market value
Metric
ETHV
BMNR
ETH holdings
48,963 ETH
5,770,038 ETH
Market value of ETH
$91.6M
$10.8B
Average cost per ETH
—
$3,053.38
Total cost basis
—
$17.5B
mNAV (market cap ÷ ETH value)
—
0.77×
Last disclosed purchase
Jul 9, 2026
Jul 12, 2026
- Jul 9, 2026+730 ETH$1.3M
- Jul 8, 2026+744 ETH$1.3M
- Jul 7, 2026+-1,461 ETH$2.5M
- Jul 6, 2026+731 ETH$1.3M
- Jul 6, 2026+-1,471 ETH$2.6M
ETHV vs BMNR: frequently asked
Which company holds more Ethereum, ETHV or BMNR?▾
BitMine Immersion Technologies (BMNR) holds 5,770,038 ETH, compared to VanEck Ethereum ETF's (ETHV) 48,963 ETH — roughly 117.8× more.
What's the total Ethereum value on the balance sheets of ETHV and BMNR?▾
ETHV holds $91.6M worth of Ethereum at current market prices. BMNR holds $10.8B.
Who has a lower cost basis per ETH, ETHV or BMNR?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did ETHV last buy Ethereum?▾
ETHV disclosed a 730 ETH purchase on July 9, 2026.
When did BMNR last buy Ethereum?▾
BMNR disclosed a 27,801 ETH purchase on July 12, 2026.