Grayscale Expands Crypto Offerings with Bitcoin Miners ETF

Grayscale has launched the Bitcoin Miners ETF (MNRS), providing exposure to companies generating revenue from Bitcoin mining and related infrastructure.

Tracking the Indxx Bitcoin Miners Index, the fund allows investors to benefit from Bitcoin’s growth without directly holding digital assets.

As part of its broader expansion, Grayscale has applied for a spot Litecoin ETF and a Solana ETF, aiming to further integrate crypto into mainstream investment options.

Its Bitcoin Trust (GBTC), managing over $20 billion, now competes with BlackRock and Fidelity’s ETFs for market dominance.

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The firm is also evaluating 40 digital assets, including AI and meme tokens, for future investment products.

Additionally, it has introduced new trusts for Stellar (XLM), Lido DAO, and Optimism, reinforcing its commitment to growing the crypto investment market.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.