Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
coinpedia 2025-01-30 13:25:19

Grayscale Launches Bitcoin Miners ETF: New Investment Opportunity in Crypto Mining

Grayscale Launches Bitcoin Miners ETF: New Investment Opportunity in Crypto Mining

The post Grayscale Launches Bitcoin Miners ETF: New Investment Opportunity in Crypto Mining appeared first on Coinpedia Fintech News Grayscale has just launched its new Bitcoin Miners ETF, marked with the ticker MNRS, opening up a fresh way for investors to gain exposure to the growing Bitcoin mining industry. This new ETF focuses on companies that generate the majority of their revenue from Bitcoin mining, offering an alternative to those interested in Bitcoin without directly holding the digital asset. But what makes this ETF different from others? Grayscale Launch Miners ETF The Grayscale Bitcoin Miners ETF focuses on companies listed in the Indxx Bitcoin Miners Index, which includes businesses that primarily earn their revenue from Bitcoin mining. Unlike traditional crypto funds, $MNRS does not invest in Bitcoin or other digital currencies. Instead, it provides exposure to global Bitcoin mining companies and related sectors, such as mining hardware, software, and services. With a current market price of $25.31, the ETF’s top holdings include industry giants like Marathon Holdings (16.66%), Riot Platforms (11.92%), and Core Scientific (9.2%). These companies play a crucial role in maintaining the Bitcoin network, and their success is directly linked to the growth of Bitcoin. Why is This ETF Appealing to Investors? According to David LaValle, the Global Head of ETFs at Grayscale, Bitcoin miners play a key role in the growth of the Bitcoin network. As Bitcoin adoption continues to increase, these companies are expected to see significant growth. This makes the $MNRS ETF a promising option for investors looking to capitalize on the mining sector’s expansion. It also provides a simpler way to invest in Bitcoin’s infrastructure without having to directly buy and manage cryptocurrency. Grayscale’s Dominance in Crypto Grayscale is a well-established name in the crypto world, known for its Bitcoin Trust (GBTC), which manages over $20 billion in assets. While it continues to lead in the Bitcoin investment space, it faces increasing competition from other firms like BlackRock and Fidelity, which have introduced their crypto ETFs. Besides the launch of the $MNRS ETF, Grayscale is also working on expanding its offerings. The company has recently applied for a spot in Litecoin ETF and has also explored the possibility of creating products for other popular digital assets like Solana.

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
787
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.