Discover Grayscale's new ETF for Bitcoin miners. Invest in companies profiting from Bitcoin mining. A structured investment tool for Bitcoin mining enthusiasts.
Grayscale Asset Management has introduced its latest investment product called Exchange Traded Fund (ETF) for Bitcoin miners (MNRS). This ETF, designed based on the Indxx Bitcoin Miners index, allows investors to invest in companies generating a significant portion of their revenue from Bitcoin mining activities or related operations. David LaValle, Grayscale’s Global ETF Manager, stated that this new product is a structured and transparent investment tool for those interested in the Bitcoin mining sector. According to him, miners, often seen as the backbone of the network, are in a good position for growth with the increasing adoption of Bitcoin.
