Grayscale Launches Bitcoin Miners ETF (MNRS) for Crypto-Linked Stock Exposure
Grayscale introduces the MNRS ETF, providing exposure to Bitcoin mining firms without direct crypto investment.
Author: Tanishq Bodh
Written On: Thu, 30 Jan 2025 12:50:02 GMT
Grayscale has introduced the Grayscale Bitcoin Miners ETF (MNRS), offering investors exposure to companies that generate revenue from Bitcoin mining and related services. The fund, which tracks firms in the Indxx Bitcoin Miners Index, includes businesses involved in hardware, software, and mining infrastructure.
Bitcoin Exposure Without Direct Crypto Investment
The MNRS ETF provides an alternative for investors looking to gain exposure to Bitcoin’s price movements without directly holding cryptocurrencies. This approach caters to those interested in the crypto sector but limited by regulatory or institutional restrictions on direct digital asset investments.
While the fund does not invest in Bitcoin or other digital assets, it may have indirect exposure through companies that hold or use cryptocurrencies in their operations.
Expanding Investment Products
The launch of MNRS ETF reflects Grayscale’s broader expansion into crypto-related investment products. The company continues to diversify its offerings with ETFs, altcoin trusts, and potential ventures into AI and meme token investments.
As institutional demand for regulated crypto investment vehicles grows, Grayscale’s latest ETF positions itself as a bridge between traditional finance and the digital asset industry.
Trusted
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
In this article
Bitcoin Exposure Without Direct Crypto Investment
Expanding Investment Products
Related reads
$OM Joins the Top 30 as Dubai’s DAMAC Partners with MANTRA
Grayscale Launches Bitcoin Miners ETF (MNRS) for Crypto-Linked Stock Exposure
El Salvador Amends Bitcoin Law to Align with IMF Agreement
Artyfact CEO Confirms Game’s Return to Epic Games Store After Server Crash
Related reads
$OM Joins the Top 30 as Dubai’s DAMAC Partners with MANTRA
Grayscale Launches Bitcoin Miners ETF (MNRS) for Crypto-Linked Stock Exposure
El Salvador Amends Bitcoin Law to Align with IMF Agreement
Artyfact CEO Confirms Game’s Return to Epic Games Store After Server Crash