Grayscale introduced the FNB Bitcoin Miners in gray levels (MNRS), offering investors an exhibition to companies operating in the Bitcoin mining industry.
This ETF focuses on companies included in the Indxx Bitcoin Miners index, which follows companies that generate most of their income from bitcoin or related services, including hardware, software and infrastructure .
Continuous grayscale to innovate with the CRISTO ETFS
The last ETF offers an alternative to those looking to invest in the Bitcoin mining sector without directly holding digital assets. It is intended for investors interested in companies linked to Bitcoin price movements.
The fund will call on investors who may not wish or who will have the capacity to invest directly in cryptocurrencies.
However, the fund does not invest in Bitcoin, other digital currencies, derivatives or offers of initial parts. It may have indirect exposure to digital assets thanks to investments in companies that use or hold them within the framework of their commercial operations.
Overall, Graycale remains a dominant player in the development of products that bring the crypto to the retail investment scene.
“Bitcoin minors, the backbone of the network, are well placed for significant growth as the adoption and the increase in the use of bitcoin, making MNR an attractive option for a diversified fan of investors “Said David Lavalle, chief of the ETF in Grayscale in Beincrypto.
Currently, its Bitcoin Trust (GBTC) manages more than $ 20 billion in assets. Although he is the pioneer of Bitcoin ETF, GBTC is currently ranking third behind Ibit de Blackrock and FBTC from Fidelity.
The company has widened its ETF offers in recent months, expanding access to investments related to crypto.
In addition to launching MNRs, Graycale applied for an ETF Litecoin Spot, which the dry could approve before the other ETF Altcoin. The company also submitted a request for FNB Solana months ago.
Grayscale recently revealed a list of 40 digital active ingredients, including AI and even tokens, which can be integrated into its investment products.
In December, he opened his horizen Trust (Hzen) to accredited investors, a product that had been maintained for years but which was not previously available over the counter (OTC).
The company has also introduced new trust for Stellar (XLM), Lido Dao and Optimism, further expanding its crypto -ordered offers.
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