Grayscale Rebrands Bitcoin Miners ETF as AI Compute ETF
- —MNRS renamed GCPU and now tracks the Indxx High Performance Computing Index
- —Up to 50% of the portfolio may hold AI, cloud, GPU and AI-hosting companies
- —The rest will be miners repurposing capacity for AI workloads
- —Index composition will be reviewed quarterly
Why it matters: A major ETF issuer is pivoting a product from mining to AI infrastructure, signaling a reassessment of the mining sector.
Source: CoinSpot