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.
Crypto infrastructure firm Bit Digital is making a bold strategic pivot, abandoning Bitcoin mining entirely in favor of Ethereum staking and asset management.
Institutional interest in Bitcoin continues to surge as U.S.-based spot Bitcoin ETFs recorded their twelfth consecutive day of positive net inflows on Wednesday, pulling in nearly $548 million and pushing the total two-week haul to $3.9 billion.
While Bitcoin’s recent stagnation has triggered debate over what’s really influencing the market, analysts at K33 Research say exchange-traded fund flows are still the dominant force — far more so than the activity from corporate treasuries.
Institutional interest in Bitcoin is heating up again, with major asset managers making massive moves.