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CoinShares Launches Bitcoin Mining ETF For European Investors

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CoinShares Launches Bitcoin Mining ETF For European Investors
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CoinShares, a digital asset investment firm, has launched its first UCITS Bitcoin Mining ETF in Europe. This gives investors a regulated way to invest in public Bitcoin mining companies. The fund is now trading on Deutsche Börse Xetra with the ticker MINE, bringing more crypto investment options to Europe.

The CoinShares Bitcoin Mining UCITS ETF follows the CoinShares Bitcoin Mining Index, which is managed by Solactive AG. Rather than buying Bitcoin directly, the ETF invests in companies that mine Bitcoin. This lets investors benefit from the industry’s performance using a traditional investment product.

The fund is physically replicated and based in Ireland under the UCITS framework, a well-known European standard for investment funds. UCITS funds can be sold in many European countries, making them appealing to both large institutions and individual investors.

CoinShares said the ETF has a total expense ratio of 0.65% and will adjust its holdings every quarter to match the index. Exchange data shows the ETF began trading at about 19.50 euros per share.

This launch adds to CoinShares’ lineup of crypto investment products. The company already offers the CoinShares Bitcoin Mining ETF (WGMI) in the U.S., which manages over $340 million in assets.

Bitcoin mining companies are getting more attention from investors as Bitcoin becomes more popular and miners move into areas like AI infrastructure and high-performance computing. However, mining stocks are often more volatile than Bitcoin because their profits depend on crypto prices, mining difficulty, and energy costs.

By launching MINE, CoinShares offers European investors a regulated way to invest in Bitcoin mining without having to buy cryptocurrencies or individual mining stocks.

 

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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