Bit Digital Inc (NASDAQ:BTBT) has reported continued growth in its Ethereum (ETH) treasury and staking operations in November 2025. As of November 30, Bit Digital held approximately 154,398.7 ETH, valued at roughly $461.9 million based on the month-end price of $2,991.90.
In this article, I review all major Ethereum ETFs and single out ETH (Grayscale Ethereum Mini Trust) as my favorite. Despite ETHA's (iShares) leadership in liquidity, ETH is the more compelling choice for long-term holding due to its lower expense ratio. The primary competitive advantage of ETH is the potential to earn additional yield from staking.
BitMine Immersion holds 3.6 million ETH, 192 BTC, and $607 million cash, positioning itself as the largest public Ethereum treasury. The company targets owning 5% of all ETH supply, requiring an additional 6 million ETH through a $24.5 billion equity program. BMNR trades at a discount to its NAV despite rapid ETH-per-share growth, reflecting market concerns about ongoing dilution and execution risk.
Bit Digital Inc (NASDAQ:BTBT) announced that it had acquired 653 Ethereum (ETH) in September 2025. The digital asset platform said it held about 122,187 ETH as of September 30, 2025, which has a market value of around $506.6 million.
Ethereum outpaces Bitcoin in 2025 with ETF flows, staking, and institutional demand???should investors shift holdings?
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Powell's Jackson Hole speech ignites risk-on sentiment, sending Ethereum ETFs like AETH and ETHV surging over 14% each on Friday.
Ethereum's 250% rally since April is driven by surging investment demand, especially from Treasury companies and ETF flows, closing the gap with Bitcoin. On-chain data shows Ethereum now leads Bitcoin in daily active addresses and transferred value, and dominates stablecoins and real-world asset tokenization. Despite strong usage trends, Ethereum's network fees remain weak, pushing its price-to-fee valuation to a five-year high and raising valuation concerns.
Retail spending comes in fairly strong