Shares of Grayscale Bitcoin Miners ETF (NYSEARCA:MNRS – Get Free Report) traded up 5.6% on Tuesday . The stock traded as high as $38.32 and last traded at $37.76. Approximately 3,806 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 9,294 shares. The stock had previously closed at $35.77.
Grayscale Bitcoin Miners ETF Stock Performance
The company has a 50-day moving average of $43.10 and a 200 day moving average of $36.30. The firm has a market cap of $13.22 million, a P/E ratio of 9.91 and a beta of 4.57.
Institutional Investors Weigh In On Grayscale Bitcoin Miners ETF
Several large investors have recently made changes to their positions in the company. Global Retirement Partners LLC lifted its holdings in Grayscale Bitcoin Miners ETF by 33.9% during the 4th quarter. Global Retirement Partners LLC now owns 3,208 shares of the company’s stock valued at $96,000 after purchasing an additional 812 shares during the last quarter. Group One Trading LLC acquired a new stake in shares of Grayscale Bitcoin Miners ETF during the third quarter worth approximately $38,000. Jane Street Group LLC acquired a new stake in shares of Grayscale Bitcoin Miners ETF during the first quarter worth approximately $314,000. Finally, Formidable Asset Management LLC raised its stake in shares of Grayscale Bitcoin Miners ETF by 31.3% in the fourth quarter. Formidable Asset Management LLC now owns 10,476 shares of the company’s stock valued at $315,000 after acquiring an additional 2,500 shares during the last quarter.
About Grayscale Bitcoin Miners ETF
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.
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