Grayscale Bitcoin Miners ETF

Frequently Asked Questions About MNRS

What does MNRS invest in?

The Grayscale Bitcoin Miners ETF (MNRS) is designed to offer investors targeted participation in the Bitcoin mining industry and its broader ecosystem. It provides a gateway to companies that form the operational core of Bitcoin, a foundational element of the entire Bitcoin economy. MNRS concentrates its holdings on publicly listed global Bitcoin mining firms that are crucial to the security and functioning of the Bitcoin network. Ultimately, the fund endeavors to replicate the gross returns (before any fees or expenses) of its underlying benchmark, the Indxx Bitcoin Miners Index.

What is the expense ratio of MNRS?

Grayscale Bitcoin Miners ETF (MNRS) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MNRS?

Grayscale Bitcoin Miners ETF (MNRS) manages $12.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MNRS actively managed or an index fund?

MNRS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MNRS launched?

Grayscale Bitcoin Miners ETF (MNRS) launched in January 2025 and is managed by Grayscale.

How has MNRS performed?

MNRS's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.