Grayscale Diversifies ETF Lineup with New AI-Focused Fund

Grayscale has restructured its Bitcoin Miners ETF into an AI Compute Fund, changing its name and underlying index while retaining several companies involved in Bitcoin mining.

The Grayscale AI Compute ETF (GCPU) now tracks the Indxx High Performance Computing Index, which includes companies involved in AI and GPU cloud services, data-center hosting, high-performance and accelerated computing infrastructure, as well as related computing hardware and services.

Despite its new focus on AI and high-performance computing, GCPU still holds several Bitcoin mining-related companies, including IREN (15.84%), Hut 8 (11.61%), Applied Digital (8.37%), MARA Holdings (4.87%), Riot Platforms (4.54%), CleanSpark (4.53%), Bit Digital (4.24%), Nvidia (4.11%), and Bitdeer (4.07%).