Key stats
About CoinShares Bitcoin Mining ETF
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Inception date
Feb 7, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Valkyrie Funds LLC
Distributor
ALPS Distributors, Inc.
ISIN
US91917A2078
WGMI is an actively managed fund that invests in companies that derive 50% of their income from mining bitcoin, providing specialized chips, hardware, and software, or other services to companies in the bitcoin mining industry. This fund will not invest, directly or indirectly, in physical bitcoin or bitcoin futures contracts. Equity securities included in the fund are common stocks and ADRs listed in global exchanges, which can be USD or non-USD denominated. The adviser evaluates companies individually and chooses those they believe are well-positioned to succeed and provide the best opportunity for capital appreciation. The adviser also considers ESG factors, which tilt the portfolio to those that have sustainable business models and use renewable energy in bitcoin mining operations. Effective Oct. 31, 2024, due to an acquisition, WGMI incorporated CoinShares in its name. Before July 15, 2025, the fund was called CoinShares Valkyrie Bitcoin Miners ETF.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
WGMI trades at 55.34 USD today, its price has fallen −3.87% in the past 24 hours. Track more dynamics on WGMI price chart.
WGMI net asset value is 55.32 today — it's risen 55.96% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
WGMI assets under management is 388.46 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
WGMI price has risen by 62.72% over the last month, and its yearly performance shows a 212.48% increase. See more dynamics on WGMI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 55.96% over the last month, showed a 117.03% increase in three-month performance and has increased by 212.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 55.96% over the last month, showed a 117.03% increase in three-month performance and has increased by 212.27% in a year.
WGMI fund flows account for 20.44 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
WGMI invests in stocks. See more details in our Analysis section.
WGMI expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, WGMI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WGMI technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WGMI shows the strong buy signal. See more of WGMI technicals for a more comprehensive analysis.
Today, WGMI technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WGMI shows the strong buy signal. See more of WGMI technicals for a more comprehensive analysis.
Yes, WGMI pays dividends to its holders with the dividend yield of 0.09%.
WGMI trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
WGMI shares are issued by Coinshares International Ltd.
WGMI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 7, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.