European Crypto Expansion: CoinShares Debuts Bitcoin Mining ETF on Deutsche Börse
CoinShares has officially entered the European mining sector with the launch of its first UCITS exchange-traded fund (ETF) on the Deutsche Börse Xetra. Trading under the ticker MINE, this physically replicated fund provides direct exposure to a rules-based index of publicly listed Bitcoin mining companies, marking a major milestone for crypto accessibility in Europe.
By utilizing the CoinShares Bitcoin Mining Index administered by Solactive AG, the fund allows investors to hedge or speculate on the infrastructure powering the network. This launch follows the massive success of its US counterpart, signaling a growing institutional appetite for Bitcoin mining assets across the Atlantic.
The ETF recently saw its initial trading sessions with a price of approximately 19.50 euros per share. This European expansion mirrors the momentum of the CoinShares Bitcoin Mining ETF (WGMI) in the United States, which currently manages net assets totaling $343.6 million.
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