The GraysCale Bitcoin Miners ETF (MNRS) was released on the New York Stock Exchange on January 30, 2025. ETF is exposed to global bitcoin mining companies such as marathon holdings, riot platforms, and core scientific. The GraysCale Bitcoin Miners ETF is passively managed and offers a “pure play with a narrowed target”.
Grayscale has launched a new Exchange-Taded Fund called Bitcoin Mining ETF (MNRS).
For each press release on January 30, the ETF is open to the New York Stock Exchange ARCA and provides an investment exposure to Bitcoin Mining Company.
MNRS tracks IndXX Bitcoin Miners Index and does not directly expose to BTC prices.
“GrayScale Bitcoin Miners ETF offers a pure pure exposure targeted in the bitcoin minor and bitcoin mining industry. MNRS is designed to adapt to the Bitcoin Mining industry evolving. We will handle the index passively and distribute it in the form of a replacement trade fund managed based on the rules. “
The $ MNRS introduction of GraysCale Bitcoin Miners ETF (Ticker: $ MNRS) offers pure pure exposure to#Bitcoin Miners and Bitcoin Mining Industry.
$ MNRS Details: https: //t.co/kcpi8yoyf1 pic.twitter.com/6z5kctq2xy
-GRAYSCALE (@GRAYSCALE) January 30, 2025
Funds include marathons, riots, and core scientific
The current configuration of the GraysCale Bitcoin Miners ETF includes top mining companies such as Marathon Holdings, Riot Platforms, and Core Scientific. Marla accounts for 16.66 % of the fund, and RIOT and Corz account for 11.92 %, respectively.
Other BTC mining companies on the funds include Cleanspark Inc., Iren LTD, Hut 8 Corp, Northern Data AG, Cipher Mining Inc., TerawUlf Inc, Applied Digital Corp.
“Bitcoin minor, a network backbone, is suitable for significant growth as the adoption and usage of bitcoin increases. MNR is an attractive option for diverse investors.”
The current market price of MNRS is $ 25.31.