Mining News

A new investment opportunity for encryption mining

GrayScale has provided the latest exchange box (ETF), Bitcoin miners ETF (MNRS)Giving investors a new way to gain exposure to Bitcoin mining industry. Instead of the Bitcoin contract directly, ETF focuses on companies that earn most of their revenues from Bitcoin mining.

But how do you emerge from other investment options for encryption?

How Bitcoin miners work

the $ Mnrs Etf Track down Indxx Bitcoin Miners IndexWhich includes companies participating primarily in bitcoin mining. Unlike traditional encryption boxes, it does not invest in Bitcoin or other cryptocurrencies. Instead, exposure to mining companies and relevant companies, such as those that produce mining devices, programs and services.

The highest holdings and market price

Pricing it is currently at $ 25.31, including the main ETF holdings:

  • Marchhon Holdings (16.66 %)
  • Riots platforms (11.92 %)
  • Core Scientific (9.2 %)

These companies play a major role in securing the Bitcoin network, and their growth is closely related to Bitcoin in general.

Why this ETF is important for investors

According to David Laval, the global head of the investment fund qualifiers in Gray investment

For investors, $ MNRS offers an investment in Bitcoin infrastructure without directly managing cryptocurrencies. This makes it an attractive choice for those who want to be exposed to the mining sector without the complications of possessing bitcoin.

Grayscale expands encryption offers

Grayscale is already a major investment player in Crypto, known for Bitcoin Trust (GBTC), which runs more than $ 20 billion. However, the competition rises, as companies such as Blackrock and Fidelley launched their circulating investment boxes.

Beyond MNRS $, Grayscale expands its offers. The company applied for a request Litecoin Etf spot It explores investment products for other digital assets such as Solana.

With the launch of $ MNRS, Grayscale continues to create new investment opportunities, allowing investors to be exposed to the growing infrastructure of Bitcoin in a more organized and accessible way.

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