CoinShares launches Europe's first Bitcoin mining ETF

• CoinShares launched Europe's first UCITS ETF focused on Bitcoin mining companies.
• The fund gives investors exposure to listed Bitcoin miners through a regulated ETF.
• The launch comes as demand grows for crypto investment products in Europe.

CoinShares launched Europe's first UCITS exchange-traded fund focused on Bitcoin (CRYPTO:BTC) mining companies.

The ETF gives investors access to a basket of listed Bitcoin mining businesses through a regulated investment product.

"The Bitcoin mining industry is entering a new phase of maturity," said CoinShares Head of Asset Management Alexandre Stachtchenko.

The fund tracks companies that earn most of their revenue from Bitcoin mining and related activities.

CoinShares said the ETF offers investors a simple way to gain exposure without buying shares in individual miners.

The launch follows growing demand for regulated crypto investment products across European markets.

CoinShares said the new ETF expands its digital asset product range as investor interest in Bitcoin mining continues to grow.

At the time of reporting, Bitcoin price was $66,621.64.