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.
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.
CryptoQuant, a prominent cryptocurrency analytics firm, has revealed insights into the current behavior of seasoned Bitcoin investors.
Lyn Alden, a well-known expert in macroeconomics, recently compared the ongoing Bitcoin correction to a similar dip seen in March 2024, highlighting a key on-chain metric that could provide clues about Bitcoin’s future price movement.
Hut 8 Mining has joined forces with Eric Trump to create a groundbreaking venture called American Bitcoin, a major new project focused on large-scale Bitcoin mining and the strategic buildup of a Bitcoin reserve.
A popular crypto analyst is revisiting his Bitcoin price predictions for the end of this year, as the cryptocurrency continues to battle through a correction.