Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure
Grayscale’s new ETF, MNRS, tracks Bitcoin mining firms and infrastructure, offering investors exposure to the mining industry without direct BTC investment.
Major cryptocurrency asset manager Grayscale continued expanding its crypto investment offerings, launching a new exchange-traded fund (ETF) offering exposure to Bitcoin mining.
Grayscale is debuting Grayscale Bitcoin Miners ETF (MNRS), an investment product offering exposure to Bitcoin (BTC) miners and the BTC mining ecosystem, the company announced on Jan. 30.
The fund invests specifically in companies from the Indxx Bitcoin Miners Index, which tracks the performance of firms whose revenue comes mostly from BTC mining or mining-related hardware, software, services or other projects.
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Author: Helen Partz
