Grayscale Launches Bitcoin Mining ETF

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Grayscale Investments, a leading digital asset manager, has launched its Bitcoin Miners ETF under the ticker MNRS.

“MNRS gives investors direct exposure to the Bitcoin mining industry, accessible right from an investment account,” Grayscale representatives stated.

The fund is listed on NYSE Arca and includes holdings in some of the largest Bitcoin mining firms, such as:

Marathon Holdings (16.66%)

Riot Platforms (11.92%)

Core Scientific (9.2%)

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The current share price of the ETF stands at $25.31.

Context

In September, Grayscale launched an XRP-based fund.

In August, the company introduced a similar product based on Avalanche.