LIVE
BTC$85,895.00▼ 0.54%ETH$2,715.48▼ 0.37%USDT$0.9999▲ 0.01%BNB$788.64▼ 0.87%XRP$1.51▼ 0.52%USDC$0.9999▲ 0.00%SOL$121.08▼ 0.61%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,340.86▼ 0.96%HYPE$94.82▲ 4.93%DOGE$0.0958▼ 0.91%XMR$559.43▲ 2.08%LINK$13.91▼ 2.24%ADA$0.2727▲ 3.76%WBT$85.82▼ 0.07%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2166▼ 3.00%NEAR$5.24▲ 5.96%BCH$315.62▼ 0.99%UNI$9.10▲ 0.72%LTC$70.20▼ 0.59%CC$0.1265▼ 1.74%SUI$1.22▲ 0.41%USDE$0.9998▲ 0.02%AVAX$11.03▼ 0.57%DAI$1.0000▼ 0.03%HBAR$0.1022▼ 1.62%BTC$85,895.00▼ 0.54%ETH$2,715.48▼ 0.37%USDT$0.9999▲ 0.01%BNB$788.64▼ 0.87%XRP$1.51▼ 0.52%USDC$0.9999▲ 0.00%SOL$121.08▼ 0.61%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,340.86▼ 0.96%HYPE$94.82▲ 4.93%DOGE$0.0958▼ 0.91%XMR$559.43▲ 2.08%LINK$13.91▼ 2.24%ADA$0.2727▲ 3.76%WBT$85.82▼ 0.07%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2166▼ 3.00%NEAR$5.24▲ 5.96%BCH$315.62▼ 0.99%UNI$9.10▲ 0.72%LTC$70.20▼ 0.59%CC$0.1265▼ 1.74%SUI$1.22▲ 0.41%USDE$0.9998▲ 0.02%AVAX$11.03▼ 0.57%DAI$1.0000▼ 0.03%HBAR$0.1022▼ 1.62%
G.MARKETS/PAIR ANALYSIS·iShares Bitcoin Trust (Ondo Tokenized) logoIBITON→Ethereum logoETH· LIVE· as of 22:42 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

IBITON WOULD BE
$0.00000000
currently $48.65 · target mcap $331.62B
▲ 0.00x TO MATCHIBITON NEEDS A 11.3Kx MOVE TO MATCH ETH
COIN PROFILES·IBITON vs ETH
iShares Bitcoin Trust (Ondo Tokenized) logo
iShares Bitcoin Trust (Ondo Tokenized)
SOURCE

IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.

PRICE$48.65
24H CHANGE▼ 0.59%
MARKET CAP$29.25MFDV $29.25M · Fully circulating
RANK#721
SUPPLY601K IBITON
DOMINANCE<0.01%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$2,715.48
24H CHANGE▼ 0.37%
MARKET CAP$331.62BFDV $331.62B · Fully circulating
RANK#2
SUPPLY122.1M ETH
DOMINANCE11.05%
7d▲ 1.45%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
11.3Kx bigger
IBITON$29.25M
ETH$331.62B
THE CLIMBiShares Bitcoin Trust (Ondo Tokenized) logoIBITON→Ethereum logoETHMULTIPLIER▲ 11.3KxGAP$331.59B
$100.00M$1.00B$10.00B$100.00B
iShares Bitcoin Trust (Ondo Tokenized) logo
SOURCEIBITON$29.25M
Ethereum logo
TARGETETH$331.62B
Plume logo
PLUME$131.06M
1INCH logo
1INCH$150.51M
Immutable logo
IMX$169.24M
Zama logo
ZAMA$214.20M
Zebec Network logo
ZBCN$258.15M
The Graph logo
GRT$322.52M
SPX6900 logo
SPX$423.05M
Pudgy Penguins logo
PENGU$610.86M
NEXO logo
NEXO$849.17M
HTX DAO logo
HTX$1.54B
Aave logo
AAVE$2.85B
Uniswap logo
UNI$5.69B
log scale · mcap in USDOct 5, 2026
iShares Bitcoin Trust (Ondo Tokenized) logo
IBITONiShares Bitcoin Trust (Ondo Tokenized)
$29.25MSOURCE
Plume logo
PLUME
$131.06M
1INCH logo
1INCH
$150.51M
Immutable logo
IMX
$169.24M
Zama logo
ZAMA
$214.20M
Zebec Network logo
ZBCN
$258.15M
The Graph logo
GRT
$322.52M
SPX6900 logo
SPX
$423.05M
Pudgy Penguins logo
PENGU
$610.86M
NEXO logo
NEXO
$849.17M
HTX DAO logo
HTX
$1.54B
Aave logo
AAVE
$2.85B
Uniswap logo
UNI
$5.69B
Ethereum logo
ETHEthereum
$331.62BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF IBITON HIT ETH MCAP·TARGET $551,614.98
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 IBITON$4,865.00$55,161,497.52+$55,156,632.52
Coffee money1K IBITON$48,650.00$551,614,975.24+$551,566,325.24
Small bag10K IBITON$486,500.00$5,516,149,752.37+$5,515,663,252.37
Real bag100K IBITON$4,865,000.00$55,161,497,523.73+$55,156,632,523.73
Whale bag1M IBITON$48,650,000.00$551,614,975,237.33+$551,566,325,237.33
Generational10M IBITON$486,500,000.00$5,516,149,752,373.31+$5,515,663,252,373.31
$331.62B compared to the world
JPMorganJPM
$680.00B
ETH mcap is 48.8% of JPMorgan
WalmartWMT
$600.00B
ETH mcap is 55.3% of Walmart
VisaV
$580.00B
ETH mcap is 57.2% of Visa
UnitedHealthUNH
$450.00B
ETH mcap is 73.7% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 87.3% of Netflix
UberUBER
$160.00B
ETH mcap is 2.07× Uber

About this comparison

This page compares the market capitalizations of iShares Bitcoin Trust (Ondo Tokenized) (IBITON) and Ethereum (ETH). With iShares Bitcoin Trust (Ondo Tokenized) currently at $48.65 per coin and a market cap of $29.25M, and Ethereum at $2,715.48 with a market cap of $331.62B, applying Ethereum's market cap to iShares Bitcoin Trust (Ondo Tokenized)'s circulating supply produces a hypothetical IBITON price of $551,614.98 — a 11.3Kx move from current.

iShares Bitcoin Trust (Ondo Tokenized): IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.

Ethereum: Ethereum is a global, open-source platform for decentralized applications.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If iShares Bitcoin Trust (Ondo Tokenized) had Ethereum's market cap, what would the price be?

If iShares Bitcoin Trust (Ondo Tokenized) (IBITON) had Ethereum's (ETH) current market cap of $331.62B, each IBITON would be worth approximately $551,614.98 based on the circulating supply of 601,174 IBITON. That is 11.3Kx the current IBITON price of $48.65.

What is the current market cap of iShares Bitcoin Trust (Ondo Tokenized)?

iShares Bitcoin Trust (Ondo Tokenized) (IBITON) currently has a market cap of $29.25M, ranking #721 by market capitalization. Each IBITON trades at $48.65.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $331.62B, ranking #2 by market capitalization. Each ETH trades at $2,715.48.

How does IBITON compare to ETH?

iShares Bitcoin Trust (Ondo Tokenized)'s market cap of $29.25M sits orders of magnitude beyond Ethereum's $331.62B. For IBITON to reach ETH's current valuation, the price would need to move 11.3Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming iShares Bitcoin Trust (Ondo Tokenized)'s circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.