Grayscale Bitcoin Miners ETF (MNRS) launched on the New York Stock Exchange on Jan. 30, 2025.
The ETF provides exposure to global Bitcoin mining companies, including Marathon Holdings, Riot Platforms and Core Scientific.
Grayscale Bitcoin Miners ETF is passively managed and offers ” targeted, pure-play” exposure.

Grayscale has launched a new exchange-traded fund dubbed The Bitcoin Mining ETF (MNRS).

Per details in a press release on Jan. 30, the ETF is live on the New York Stock Exchange Arca and provides investment exposure to Bitcoin mining companies.

MNRS will track the Indxx Bitcoin Miners Index and will not offer direct exposure to the BTC price.

“Grayscale Bitcoin Miners ETF offers investors targeted, pure-play exposure to Bitcoin Miners and the Bitcoin Mining Industry. MNRS delivers this in the form of an exchange-traded fund that is passively managed, rules-based, and tracking an index designed to adapt as the Bitcoin Mining industry evolves,” the company wrote on the MNRS page.

Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS offers investors targeted, pure-play exposure to #Bitcoin Miners and the Bitcoin Mining Industry, available directly in your investment account.

Learn more about $MNRS: https://t.co/kCpi8yOYF1 pic.twitter.com/6z5Kctq2Xy

— Grayscale (@Grayscale) January 30, 2025

Fund includes Marathon, Riot and Core Scientific

The Grayscale Bitcoin Miners ETF’s current composition includes top mining companies such as Marathon Holdings, Riot Platforms and Core Scientific. MARA makes up 16.66% of the fund, while RIOT and CORZ make up 11.92% and 9.2% respectively.

Other BTC mining companies in the fund are Cleanspark Inc., IREN Ltd, HUT 8 CORP, Northern Data AG, Cipher Mining Inc., Terawulf Inc and Applied Digital Corp.

“Bitcoin Miners, the backbone of the network, are well-positioned for significant growth as Bitcoin adoption and usage increases, making MNRS an appealing option for a diverse range of investors,” David LaValle, global head of ETFs at Grayscale, said in a statement.

MNRS’ current market price is $25.31.