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MNRS ETF · Grayscale Bitcoin Miners ETF
The MNRS Exchange Traded Fund (ETF) is provided by Grayscale. It is built to track an index: Indxx Bitcoin Miners Index. The MNRS ETF provides physical exposure, so by buying it you actually own parts of all the 22 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofCryptocurrency1M perf.+4.42%
Last price
$28.67
1M perf.
-6.88%
1M flows
N/A
AuM
€8.2M
E/R
0.59%
Rating
Not rated
ESG Consensus®
MNRS
$28.67
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
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MNRS
$28.51
-15.93%
Cryptocurrency
-23.36%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -6.88%  | -15.93%  | +52.13% | N/A | N/A | -3.92% | -4.90% | -4.90% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
38963H206
ISIN
US38963H2067
AuM
€8.2M
E/R
0.59%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/12/2026
$28.51
1D NAV change
-2.44%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
22
Inception date
1/30/2025
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The Grayscale Bitcoin Miners ETF (the “Fund”) seeks investment results that track the performance (before fees and expenses) of the Indxx Bitcoin Miners Index (the “Index”)
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -15.93% | +52.13% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Countries
USA
54.63%
Australia
18.50%
Cayman Islands
11.09%
Canada
8.08%
Unavailable
7.70%
Sectors
Information Technology
71.24%
Unavailable
28.76%
Diversification
Total weight of top 15 holdings out of 22
Top 15 holdings
Data as of January 31, 2026
IRIS ENERGY LTD
APPLIED BLOCKCHAIN
CIPHER MINING INC
RIOT BLOCKCHAIN INC
US21874A1060
KYG114481008
TERAWULF INC
CLEANSPARK INC
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MARATHON DIGITAL HOLDINGS
CA4339211035
BIT DIGITAL
BITFARMS
KYG1820C1024
NVIDIA
BLOCK INC
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Enterprise
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Indxx Bitcoin Miners Price Return Index - USD
Index ticker
IBMIIN Index
Index dividend policy
PI
Replication method
Replication model
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Grayscale
Grayscale ID Card
Number of funds
16
Total AuM
€16.49B
Expense ratio range
0.15% - 2.5%
Average expense ratio
0.6125%
Top 5 funds by Grayscale
| AuM | ||
|---|---|---|
GBTC | Grayscale Bitcoin Trust ETF | €9.59B |
BTC | Grayscale Bitcoin Mini Trust ETF | €3.16B |
ETHE | Grayscale Ethereum Staking ETF | €1.56B |
ETH | Grayscale Ethereum Mini Trust ETF | €1.55B |
GDLC | Grayscale CoinDesk Crypto 5 ETF | €338M |
Frequently asked questions about MNRS
What does Grayscale Bitcoin Miners ETF, MNRS, invest in?
MNRS is a Passive ETF. This ETF provides exposure to Equities.
Which benchmark or index does MNRS replicate?
MNRS tracks the Indxx Bitcoin Miners Price Return Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of MNRS?
MNRS carries a total expense ratio (TER) of 0.59%, indicating the annual cost for holding the fund.
When was MNRS launched?
MNRS was introduced to the market on January 30, 2025. It trades on United States
Who is the ETF issuer of MNRS?
Grayscale Bitcoin Miners ETF, MNRS, is provided by Grayscale. Learn more about Grayscale here.
What is the current assets under management (AUM) of MNRS?
MNRS oversees €8.2M in assets as of March 12, 2026.
How has MNRS performed lately?
Based on data from March 12, 2026, MNRS returned -6.88% over the past month, -15.93% over the last three months and -4.90% year-to-date.
Does MNRS distribute dividends?
MNRS follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 0.57%.
What are the main country or region exposures of MNRS?
As of January 31, 2026, MNRS has significant geographic allocations in USA, Australia and Cayman Islands.
In which sector or theme does MNRS invest in?
As of January 31, 2026, MNRS focuses largely on Information Technology.
How many securities does MNRS hold and how diversified is it?
As of January 31, 2026, MNRS holds 22 positions in its portfolio, with 86.50% of assets concentrated in its top 15 holdings.
What are the main positions in MNRS?
As of January 31, 2026, MNRS top three holdings include IRIS ENERGY LTD, APPLIED BLOCKCHAIN and CIPHER MINING INC.
What is the base currency of MNRS?
The base currency of MNRS is USD.
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