{
 "ticker": "MNRS",
 "name": "Grayscale Bitcoin Miners ETF",
 "issuer": "Grayscale",
 "desk": "themes",
 "url": "https://etfiq.com/funds/mnrs",
 "html": "https://etfiq.com/funds/mnrs",
 "markdown": "https://etfiq.com/funds/mnrs.md",
 "as_of": "2026-09-11",
 "verdict": "MNRS holds 24 stocks, and 95% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "5.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MNRS, already in the S&P 500: 5.0%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MNRS, active share vs the S&P 500: 97.6%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "76.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MNRS, top ten holdings: 76.3%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+6.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "MNRS, total return, 1 year: +6.0%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$12m",
   "source": "the issuer own daily fund list, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "MNRS, net assets: $12m (the issuer own daily fund list, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.59%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "MNRS, expense ratio: 0.59% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Blockchain and crypto equities",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 30, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "5.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "2.4%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "97.6%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "76.3%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "24",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Hut 8 Corp 15.1%, Applied Digital Corp 12.4%, IREN Ltd 11.3%, Keel Infrastructure Corp 7.3%, Riot Platforms Inc 5.6%, Bitdeer Technologies Group 5.4%, Hive Digital Technologies Ltd 5.1%, Cipher Digital Inc 4.8%, MARA Holdings Inc 4.6%, Core Scientific Inc 4.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$12m",
   "source": "the issuer own daily fund list, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221234.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.59%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.60%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "WGMI 71%, STCE 52%, BKCH 51%, BITQ 49%, NODE 43%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u221221.2%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221224.5 pts",
   "Gap to Nasdaq-100": "\u221220.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "+24.6%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+8.6 pts",
   "Gap to Nasdaq-100": "+3.9 pts"
  },
  {
   "window": "1 year",
   "Total return": "+6.0%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221211.5 pts",
   "Gap to Nasdaq-100": "\u221217.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+34.0%",
   "S&P 500": "+28.5%",
   "Gap to S&P 500": "+5.5 pts",
   "Gap to Nasdaq-100": "\u22123.7 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of MNRS is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 5% of MNRS by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does MNRS hold?",
   "a": "24 positions as filed for Jun 30, 2026, with the top ten at 76% of the fund. The largest are Hut 8 Corp at 15.1%, Applied Digital Corp at 12.4%, IREN Ltd at 11.3%."
  },
  {
   "q": "Has MNRS beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 MNRS returned +6.0% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 11.5 points."
  },
  {
   "q": "What does MNRS cost?",
   "a": "The prospectus expense ratio is 0.59% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.60%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}