A fuse with a grounding device comprises an insulating pillar and a fuse tube. The upper part of the insulating pillar is equipped with an upper mounting bracket, and the upper mounting bracket is equipped with an upper wiring terminal. The lower part of the insulating pillar is equipped with a lower mounting bracket, and the lower mounting bracket is equipped with a lower wiring terminal. Upper and lower static contacts are correspondingly attached to the upper and lower wiring terminals. The two ends of the fuse tube are correspondingly provided with upper and lower moving contacts. The fuse tube is mounted between the upper wiring terminal and the lower wiring terminal of the insulating pillar through the upper and lower moving contacts. The lower wiring terminal is electrically connected with the upper end of an insulated extension conductor, and the lower end of the insulated extension conductor is equipped with an equipment clamp. A grounding hanging ring is arranged on the insulated extension conductor. A pull ring is arranged on the fuse tube. The invention aims to provide a fuse with a grounding device. The problem that a fuse without a grounding hanging ring needs to be temporarily equipped with a grounding hanging ring is solved, the personal safety can be effectively guaranteed, and the work efficiency can be improved.