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MNRS

Grayscale Bitcoin Miners ETF·NYSE
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Key Stats

Assets Under Management
10.34MUSD
Fund Flows (1Y)
4.66MUSD
Dividend Yield
0.52%
Discount/Premium to NAV
-0.21%
Shares Outstanding
330.00K
Expense Ratio
0.59%

About Grayscale Bitcoin Miners ETF

Issuer
Grayscale Advisors, LLC
Brand
Grayscale
Inception Date
Jan 30, 2025
Structure
Open-Ended Fund
Index Tracked
Indxx Bitcoin Miners Index
Management Style
Passive
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.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Blockchain
Strategy
Vanilla
Geography
Global
Weighting Scheme
Market Cap
Selection Criteria
Market cap

Analysis

Sector

Financial Services

63.45%

Technology

35.49%

Utilities

1.06%

Asset

Holdings

Symbol

Ratio

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IREN

IREN
16.65%
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APLD

Applied Digital
14.38%
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CIFR

Cipher Mining
9.19%
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BTDR

Bitdeer
4.85%
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WULF

TeraWulf
4.79%
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CORZ

Core Scientific
4.77%

Symbol

Ratio

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RIOT

Riot Platforms
4.40%
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HUT

Hut 8
4.23%
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CLSK

CleanSpark
3.58%
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Northern Data AG

3.57%

Top 10 Weight 70.41%

10 Total Holdings

See all holdings

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