• Grayscale Bitcoin Miners ETF (MNRS) launched on the New York Inventory Alternate on Jan. 30, 2025.
• The ETF offers publicity to world Bitcoin mining corporations, together with Marathon Holdings, Riot Platforms and Core Scientific.
• Grayscale Bitcoin Miners ETF is passively managed and affords ” focused, pure-play” publicity.

Grayscale has launched a brand new exchange-traded fund dubbed The Bitcoin Mining ETF (MNRS).

Per particulars in a press release on Jan. 30, the ETF is reside on the New York Inventory Alternate Arca and offers funding publicity to Bitcoin mining corporations.

MNRS will observe the Indxx Bitcoin Miners Index and won’t supply direct publicity to the BTC price.

“Grayscale Bitcoin Miners ETF offers investors targeted, pure-play exposure to Bitcoin Miners and the Bitcoin Mining Industry. MNRS delivers this in the form of an exchange-traded fund that is passively managed, rules-based, and tracking an index designed to adapt as the Bitcoin Mining industry evolves,” the corporate wrote on the MNRS web page.

Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS affords traders focused, pure-play publicity to #Bitcoin Miners and the Bitcoin Mining Business, obtainable immediately in your funding account.

Be taught extra about $MNRS: https://t.co/kCpi8yOYF1 pic.twitter.com/6z5Kctq2Xy

— Grayscale (@Grayscale) January 30, 2025

Fund contains Marathon, Riot and Core Scientific

The Grayscale Bitcoin Miners ETF’s present composition contains high mining corporations reminiscent of Marathon Holdings, Riot Platforms and Core Scientific. MARA makes up 16.66% of the fund, whereas RIOT and CORZ make up 11.92% and 9.2% respectively.

Different BTC mining corporations within the fund are Cleanspark Inc., IREN Ltd, HUT 8 CORP, Northern Knowledge AG, Cipher Mining Inc., Terawulf Inc and Utilized Digital Corp.

“Bitcoin Miners, the backbone of the network, are well-positioned for significant growth as Bitcoin adoption and usage increases, making MNRS an appealing option for a diverse range of investors,” David LaValle, world head of ETFs at Grayscale, mentioned in a press release.

MNRS’ present market price is $25.31.