Grayscale Investments has launched the Grayscale Bitcoin Miners ETF (MNRS), offering investors a way to gain exposure to the Bitcoin mining industry without directly holding BTC. Tracking the Indxx Bitcoin Miners Index, the ETF includes major players like MARA, Riot, and Core Scientific, making it an attractive option for those looking to diversify into Bitcoin-related equities.
U.S. spot Bitcoin ETFs experienced significant outflows yesterday, totaling $287 million, with BlackRock being the only exception, reporting no withdrawals.
Bitcoin ETFs saw a remarkable $418 million net inflow this week, reversing last week's outflows and signaling renewed institutional confidence after Fidelity led the charge.
Despite $824 million of net inflows since Spot ETF approval, bitcoin fell 19% in part from $4.39 billion bleeding out of GBTC. This is good for Bitcoin.