Shares of Grayscale Bitcoin Miners ETF (NYSEARCA:MNRS – Get Free Report) were down 6.7% during trading on Friday . The stock traded as low as $33.93 and last traded at $34.45. Approximately 4,768 shares were traded during trading, a decline of 48% from the average daily volume of 9,223 shares. The stock had previously closed at $36.94.
Grayscale Bitcoin Miners ETF Stock Performance
The company has a market cap of $11.37 million, a P/E ratio of 9.91 and a beta of 6.51. The firm’s fifty day moving average is $34.85 and its two-hundred day moving average is $35.90.
Institutional Trading of Grayscale Bitcoin Miners ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Formidable Asset Management LLC boosted its stake in Grayscale Bitcoin Miners ETF by 31.3% in the 4th quarter. Formidable Asset Management LLC now owns 10,476 shares of the company’s stock worth $315,000 after purchasing an additional 2,500 shares during the period. Group One Trading LLC bought a new stake in shares of Grayscale Bitcoin Miners ETF during the third quarter valued at approximately $38,000. Jane Street Group LLC purchased a new position in shares of Grayscale Bitcoin Miners ETF in the first quarter worth $314,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of Grayscale Bitcoin Miners ETF by 22.1% in the third quarter. Global Retirement Partners LLC now owns 2,396 shares of the company’s stock worth $97,000 after buying an additional 434 shares in the last quarter.
Grayscale Bitcoin Miners ETF Company Profile
The Grayscale Bitcoin Miners ETF (MNRS) is an exchange-traded fund that is based on the Indxx Bitcoin Miners index. The fund tracks an index of global companies that generate revenue from bitcoin mining activities or mining related services. Constituents are selected and weighted based on market-cap and revenue tied to the relevant theme. MNRS was launched on Jan 30, 2025 and is issued by Grayscale.
See Also
- Five stocks we like better than Grayscale Bitcoin Miners ETF
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Grayscale Bitcoin Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
