VBTC.XETRAvsXXI
VanEck Vectors Bitcoin ETN vs Twenty One Capital
Side-by-side Bitcoin treasury comparison: holdings, market cap, mNAV ratio, BTC per share, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
VBTC.XETRA
VanEck Vectors Bitcoin ETN
🇩🇪 DE
6,922 BTC
$442.5M market value
XXI
Twenty One Capital
🇺🇸 US
43,514 BTC
$2.8B market value
Metric
VBTC.XETRA
XXI
BTC holdings
6,922 BTC
43,514 BTC
Market value of BTC
$442.5M
$2.8B
Average cost per BTC
—
$84,865.00
Total cost basis
—
$3.7B
mNAV (market cap ÷ BTC value)
—
0.64×
Sats per share
—
- Jul 21, 2025+0 BTC—
- May 13, 2026+-1 BTC$93.7K
- May 13, 2026+0 BTC$79.3K
- Mar 31, 2026+0 BTC$375.4M
- Mar 31, 2026+0 BTC$458.7M
VBTC.XETRA vs XXI: frequently asked
Which company holds more Bitcoin, VBTC.XETRA or XXI?▾
Twenty One Capital (XXI) holds 43,514 BTC, compared to VanEck Vectors Bitcoin ETN's (VBTC.XETRA) 6,922 BTC — roughly 6.3× more.
What's the total Bitcoin value on the balance sheets of VBTC.XETRA and XXI?▾
VBTC.XETRA holds $442.5M worth of Bitcoin at current market prices. XXI holds $2.8B.
Who has a lower cost basis per BTC, VBTC.XETRA or XXI?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did VBTC.XETRA last buy Bitcoin?▾
VBTC.XETRA disclosed a 0 BTC purchase on July 21, 2025.
When did XXI last buy Bitcoin?▾
XXI disclosed a -1 BTC purchase on May 13, 2026.