Key stats
About Grayscale Funds Trust Grayscale Bitcoin Miners ETF
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Inception date
Jan 30, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Grayscale Advisors LLC
Distributor
Foreside Fund Services LLC
MNRS tracks an index of global companies that generate revenue from Bitcoin mining activities or mining related hardware, software and/or services. Companies are screened through a market-cap and liquidity filter, and are further classified based on their revenue tied to bitcoin mining services. The fund consists of 25 stocks, and primarily selects from those that derive more than 50% of their income from the relevant theme. If less than 25 stocks are eligible, the fund will dip into companies with less than 50% revenues from Bitcoin mining, until 25 stocks are selected. Constituents are weighted based on market-cap. Equity securities included in the fund are common stocks and ADRs listed in global exchanges, which can be USD or non-USD denominated. This fund will not invest, directly or indirectly, in physical bitcoin or bitcoin future contracts. Rebalancing and reconstitution are done quarterly in March.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MNRS trades at 24.09 USD today, its price has fallen −0.46% in the past 24 hours. Track more dynamics on MNRS price chart.
MNRS net asset value is 24.10 today — it's risen 13.23% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MNRS assets under management is 6.28 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MNRS fund flows account for 6.83 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MNRS invests in stocks. See more details in our Analysis section.
MNRS expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MNRS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, MNRS doesn't pay dividends to its holders.
MNRS trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MNRS shares are issued by Digital Currency Group, Inc.
MNRS follows the Indxx Bitcoin Miners Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 30, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.