Grayscale Bitcoin Miners ETF

MNRS

Market cap $10.7M

Small caps led Q3 gains, while other standout ETF areas are Bitcoin mining (WGMI, MNRS), cannabis (MSOS, WEED), Ethereum (ETH, ETHW) and rare earths (REMX).

Before spot bitcoin ETFs launched (and even before futures bitcoin ETFs), crypto equity ETFs helped build early appetite for crypto. They were the first real taste of bitcoin that investors could get in their traditional brokerage accounts.

WGMI, BKCH, STCE, MNRS and SOLZ led last week's ETF winners as crypto and blockchain ETFs surged on strong Solana, Bitcoin and Ethereum gains.

Wall Street shines: WGMI +21.1%, MNRS +16.2%, STCE +14.7%, TAN +12.9%, CTEX +11.7% as crypto & cleantech ETFs surge amid easing fears and strong jobs data.

While crypto adoption will likely always be price-driven to some extent, regulatory and political tailwinds have driven a steady influx of launches throughout the year despite price volatility. We are not even halfway through 2025 and have already seen around 27 crypto ETF launches.

Today, Grayscale launched its latest cryptocurrency fund, the Grayscale Bitcoin Miners ETF (MNRS). MNRS focuses on providing results similar to that of the Indxx Bitcoin Miners Index.

STAMFORD, Conn., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Grayscale, an asset management firm with extensive experience in crypto investing, today announced the launch of Grayscale® Bitcoin Miners ETF (Ticker: MNRS) (the “Fund”).