Introducing the Grayscale Bitcoin Miners ETF
Grayscale Bitcoin Miners ETF (MNRS) was launched on the New York Stock Exchange on Jan. 30, 2025, providing investors with exposure to global Bitcoin mining companies.
Key Highlights of Grayscale Bitcoin Miners ETF:
- Passively managed ETF offering targeted exposure to Bitcoin mining companies
- Includes top mining companies like Marathon Holdings, Riot Platforms, and Core Scientific
- Tracks the Indxx Bitcoin Miners Index
- Does not offer direct exposure to Bitcoin price
Grayscale Bitcoin Miners ETF Composition
The current composition of the Grayscale Bitcoin Miners ETF includes top mining companies such as Marathon Holdings, Riot Platforms, and Core Scientific. Marathon Holdings accounts for 16.66% of the fund, while Riot Platforms and Core Scientific make up 11.92% and 9.2% respectively.
Other Bitcoin mining companies included in the fund are Cleanspark Inc., IREN Ltd, HUT 8 CORP, Northern Data AG, Cipher Mining Inc., Terawulf Inc, and Applied Digital Corp.
Statement from Grayscale
David LaValle, the global head of ETFs at Grayscale, stated, “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.”
The current market price of MNRS is $25.31.