Grayscale to shift Bitcoin mining ETF to track AI infrastructure index

Grayscale is changing the name and investment strategy of its Grayscale Bitcoin Miners ETF (MNRS), according to Bloomberg ETF analyst James Seyffart. Following the change, the ETF will track a Computing Index focused on AI infrastructure. Seyffart noted that while there is some overlap between Bitcoin mining and high-performance computing (HPC) companies, the reorganization is significant as it broadens the investment scope to include firms related to AI and HPC infrastructure.