CoinShares Launches First UCITS Bitcoin Mining ETF In Europe
CoinShares launched its first UCITSBitcoinmining ETF inEurope, trading on Deutsche Börse Xetra under the ticker MINE. The physically replicated fund tracks the CoinShares Bitcoin Mining Index, a rules-based. . .
CoinShares launched its first UCITSBitcoinmining ETF inEurope, trading on Deutsche Börse Xetra under the ticker MINE. The physically replicated fund tracks the CoinShares Bitcoin Mining Index, a rules-based basket of publicly listed Bitcoin miners. European investors can now access the Bitcoin mining sector through a regulated, Irish-domiciled fund. The ETF opened at 19. 50 euros ($21. 74) per share, with 60 units traded on its first day. CoinSharesdebuted its first UCITS exchange-traded fund (ETF) in Europe on Tuesday, offering investors exposure to publicly listed Bitcoin mining companies through a fund listed on the Deutsche Börse Xetra. TheCoinShares Bitcoin Mining UCITS ETF, trading under the ticker MINE, physically replicates theCoinShares Bitcoin Mining Indexadministered bySolactive AG, according to an announcement from the asset manager. - Advertisement -The ETF began trading at 19. 50 euros ($21. 74) per share, with data from Deutsche Börse Xetra showing 60 units traded for a turnover of 1,184 euros. For comparison, the similar U. S. -tradedCoinShares Bitcoin Mining ETF(WGMI) holds net assets of $343. 6 million. Consequently, the European launch expands access to a regulated fund ecosystem valued at $26. 3 trillion. Meanwhile, the Irish-domiciled fund provides European investors with a rules-based, diversified approach to the volatile Bitcoin mining sector without requiring direct cryptocurrency holdings. The fund’s debut marks a significant step forCoinSharesin broadening its UCITS platform across the continent. ✅ FollowBITNEWSBOTonTelegram,Facebook,LinkedIn,X. com, andGoogle Newsfor instant updates. Previous Articles:AMD stock jumps on expanded Microsoft Azure partnershipMoreno: DOJ, not states, to enforce CLARITY Act ethicsBitcoin ETFs Hit Five-Day Inflow Streak, BTC Above $65KServiceNow AI flaw exploited in wild, patch nowCardano ADA Surges 4. 2% as Market ReboundsStay in the Loop🔥Join 1. 2K Smart Traders- Advertisement -Get exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.