CoinShares Bitcoin Mining ETF (WGMI)
WGMI Bitcoin Mining ETF Expands Into AI Power Race
Bitcoin mining facilities were built to crunch numbers for cryptocurrency. Now they're some of the most sought-after real estate in the artificial intelligence boom.
Bitcoin Miners Already Owned What the AI Economy Is Short Of
Listed miners have announced more than $70B in AI and high-performance computing contracts. For advisors, that turns a one-dimensional bitcoin proxy into something closer to a digital power infrastructure allocation.
Bitcoin Is Down 44% and Its Miners Are Up 90%. The AI Pivot Explains Everything.
The Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) is up 97% over the past year even though bitcoin has lost 46% of its value in the same window.
WGMI vs IBIT: Bitcoin Miners or Spot Bitcoin for Crypto Exposure?
The Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) and the iShares Bitcoin Trust ETF (NASDAQ:IBIT) both market themselves as ways to play Bitcoin, but the past twelve months have exposed how little they actually have in common.
Some Analysts See Big Upside for These WGMI Holdings
The CoinShares Bitcoin Mining ETF (WGMI) is one of the premier ETFs for investors seeking a broad basket of cryptocurrency miners. It's tapping into the artificial intelligence (AI) infrastructure craze, a potential boon for investors at a time when Wall Street is increasingly bullish on companies committing to the crypto mining-to-AI transition.
Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) Shares Up 5.9% – Should You Buy?
Valkyrie Bitcoin Miners ETF (NASDAQ: WGMI - Get Free Report) shares shot up 5.9% on Monday. The stock traded as high as $44.84 and last traded at $44.66. 890,755 shares changed hands during trading, an increase of 40% from the average session volume of 635,306 shares. The stock had previously closed at $42.19. Valkyrie Bitcoin
Bitcoin Miners Shift Focus to AI Data Centers
Key Takeaways: Bitcoin miners are pursuing over $70 billion in AI data center contracts to diversify revenue streams. Mining companies could generate 70% of revenue from AI by year-end, up from 30% currently.
Bitcoin Miners Face Worst Profit Squeeze in 2 Years
Bitcoin miners are enduring their most challenging profitability environment in two years. A steep drop in bitcoin's price has pushed production costs for many operators above what they can earn from mining the digital asset.
Miners May Be Providing Clues About What's Next for Bitcoin
Attempting to identify reasons to be bullish on bitcoin in the current environment feels a lot like grasping for straws. True, the largest cryptocurreny is behaving like a falling knife.
WGMI: High Correlation To Bitcoin, Significant Downside Remaining
The CoinShares Bitcoin Mining ETF (WGMI) offers pure-play exposure to North America's leading Bitcoin mining companies, crucial for blockchain transaction verification. WGMI is highly concentrated, with over 82% in its top ten holdings, notably Cipher Mining (CIFR) and IREN Ltd (IREN). The ETF exhibits high beta and volatility, with a standard deviation of 85% and annualized volatility of 80%, closely tracking Bitcoin price movements.
Wall Street Likes Some WGMI Top Holdings
When accounting for Bitcon's massive tumble, easily one of the most pleasant ETF surprises to start 2026 is the CoinShares Valkyrie Bitcoin Miners ETF (WGMI). As of midday Monday, WGMI was higher by 13% since the start of the year.
Anthropic Capital Raise Sparks This ETF
Cryptocurrency miners pivoting away from or reducing dependence on that business landed more encouraging news on Tuesday. There are reports that privately held artificial intelligence (AI) giant Anthropic is close to raising a massive sum of capital.
VIDEO: ETF of the Week: WGMI
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research, Todd Rosenbluth, discussed the CoinShares Bitcoin Mining ETF (WGMI) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF.
Some Good News May Be Emerging for Bitcoin Miners
Cryptocurrency mining equities are on a torrid pace to start 2026. Just look at the CoinShares Valkyrie Bitcoin Miners ETF (WGMI), one of the bellwether ETFs addressing this industry.
WGMI vs. ETHA: Two Crypto-Related ETFs That Offer Exposure into Digital Tokens
ETHA offers direct exposure to the crypto market, as it was designed to track the price of Ethereum. WGMI holds a basket of Bitcoin mining-related stocks, offering an indirect exposure to cryptocurrencies.
WGMI vs. HODL: Same Crypto, Wildly Different Results
WGMI has dramatically outperformed HODL over the past year but comes with a higher expense ratio and even steeper volatility. HODL directly tracks Bitcoin's price, while WGMI invests in companies tied to Bitcoin mining and infrastructure.
ETF of the Week: CoinShares Bitcoin Mining ETF (WGMI)
VettaFi's Head of Research Todd Rosenbluth discussed the CoinShares Bitcoin Mining ETF (WGMI) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and strategy, visit the CoinShares Crypto ETF Hub.
Flexible Bitcoin Miners Likely to Be Industry Leaders this Year
As has been widely documented, changing is afoot in the cryptocurrency mining industry, and those changes are affecting an array of stocks and ETFs such as the CoinShares Valkyrie Bitcoin Miners ETF (WGMI). Multiple members of the WGMI portfolio are no longer pure play bitcoin miners.
Trump Peace Proposal On Ukraine Reportedly Pushing Crypto Mining By Disputed Nuclear Plant
US proposed using Ukraine's nuclear power plant for crypto mining in negotiations with Russia. Russian control and safety concerns remain unresolved.
WGMI: Winds Are Changing, Management Must As Well
CoinShares Bitcoin Mining ETF (WGMI) faces an identity crisis as holdings pivot from BTC mining to AI and cloud data centers. WGMI's top holdings are shifting assets to AI and cloud contracts, improving cash flow prospects after years of mining-related losses and dilution. The ETF's recent outperformance is tied to these strategic shifts, but its stated focus on BTC mining creates uncertainty for investors.