Grayscale Bitcoin Miners ETF (MNRS)
Grayscale Bitcoin Miners ETF operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $34.65, up 4.63% on the session, giving a market capitalisation of $5.2M. Its beta of 4.30 implies it has historically moved more than the broad market.
The Grayscale Bitcoin Miners ETF (MNRS) is designed to offer investors targeted participation in the Bitcoin mining industry and its broader ecosystem. It provides a gateway to companies that form the operational core of Bitcoin, a foundational element of the entire Bitcoin economy. MNRS concentrates its holdings on publicly listed global Bitcoin mining firms that are crucial to the security and functioning of the Bitcoin network. Ultimately, the fund endeavors to replicate the gross returns (before any fees or expenses) of its underlying benchmark, the Indxx Bitcoin Miners Index.