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.
Bitcoin is edging closer to new highs, and signs across the board suggest it may not be long before it smashes through its previous record.
Ukraine is reportedly drafting legislation that would allow it to officially add Bitcoin to its national reserves—potentially making it one of the first countries to do so.
After weeks of leading the charge, Bitcoin’s dominance is showing cracks—creating space for altcoins to reemerge with strength.
Market watchers may need to brace for potential headwinds in the crypto space, according to trader and analyst Jason Pizzino.