Grayscale, a leading asset management firm specializing in crypto investments, has officially launched the Grayscale® Bitcoin Miners ETF (Ticker: MNRS). The exchange-traded fund (ETF) is designed to provide investors with exposure to publicly traded Bitcoin mining companies without directly investing in Bitcoin or digital assets.

A New Way to Invest in Bitcoin Mining

The Grayscale Bitcoin Miners ETF follows the Indxx Bitcoin Miners Index, a proprietary benchmark measuring the performance of global Bitcoin mining firms. The ETF includes companies generating the majority of their revenue from:

  • Bitcoin mining operations
  • Mining-related hardware, software, and services
  • Infrastructure projects that support the Bitcoin ecosystem

Why This Matters for Investors

Bitcoin mining is the backbone of the Bitcoin network, ensuring its transparency and long-term security. This ETF offers an alternative for investors who:
✔ Want exposure to Bitcoin’s price movements but are not ready to invest directly in digital assets
✔ Prefer a regulated investment vehicle in the form of an ETF
✔ See Bitcoin miners as a high-growth industry benefiting from increased BTC adoption

David LaValle, Global Head of ETFs at Grayscale, commented:
“Bitcoin miners are well-positioned for significant growth as Bitcoin adoption and usage increase, making MNRS an appealing option for a diverse range of investors.”

Key Features of Grayscale Bitcoin Miners ETF (MNRS):

  • Passively managed, rules-based index fund
  • Does not invest directly in Bitcoin or digital assets
  • Provides exposure to publicly traded Bitcoin mining companies
  • Designed to evolve with the mining industry

Investment Risks and Considerations

Grayscale has made it clear that MNRS does not invest directly in Bitcoin or cryptocurrencies. Instead, it holds stocks of companies engaged in Bitcoin mining. Investors should be aware that:

  • Shares may trade at a premium or discount to their net asset value
  • The fund’s performance may not mirror Bitcoin’s price exactly
  • Regulatory and market risks could impact Bitcoin miners’ profitability

For more details on MNRS, investors can visit: Grayscale’s ETF Page.

About Grayscale

Founded in 2013, Grayscale is a leading digital asset investment firm with a decade-long track record in crypto investing. The firm provides single-asset, diversified, and thematic crypto investment solutions for institutions and retail investors alike.