CoinShares has launched the CoinShares Bitcoin Mining UCITS ETF, which is listed on Xetra under the ticker symbol MINE. The fund offers investors regulated and diversified access to publicly traded $BTC (-2.79%)mining companies without #bitcoin holding them directly.
The Ireland-domiciled UCITS ETF physically and fully replicates the CoinShares $BTC (-2.79%) Mining Index physically and in full. The index is administered by Solactive and, in addition to company size, takes into account factors such as hashrate, cost efficiency, profitability, balance sheet strength, energy efficiency, and governance.
Key details: Ticker MINE, ISIN IE0008EKJPN4, TER 0.65% p.a., quarterly rebalancing.
This product may be of interest to investors seeking access to the Bitcoin ecosystem’s infrastructure but $BTC (-2.79%) do not wish to hold it directly. At the same time, the ETF remains exposed to $BTC (-2.79%)price risk and the specific risks of the mining sector.
This is a marketing communication. The CoinShares Bitcoin Mining UCITS ETF is passively managed and aims to track the performance of the underlying index. Its trading price on the secondary market may deviate from both the net asset value (NAV) and the value of the underlying index. Shares in a listed UCITS (“UCITS ETF”) purchased on the secondary market generally cannot be sold back directly to the listed UCITS. Investors must buy and sell shares on the secondary market through an intermediary (such as a broker), which may incur costs. In addition, investors may pay more than the current net asset value when purchasing shares and may receive less than that value when selling them. Before making a final investment decision, please review the prospectus and the Key Investor Information Document (KIID). These documents, as well as information on the portfolio and the index, can be found on the website: CoinShares ETPs – Dokumente & Factsheets.
