CoinShares Valkyrie Bitcoin Miners ETF (WGMI)
| Assets | $99.75M |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | 8.38M |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.41% |
| Ex-Dividend Date | Dec 24, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -8.83% |
| Volume | 494,384 |
| Open | 12.05 |
| Previous Close | 11.91 |
| Day's Range | 11.72 - 12.08 |
| 52-Week Low | 11.09 |
| 52-Week High | 31.89 |
| Beta | 3.69 |
| Holdings | 21 |
| Inception Date | Feb 7, 2022 |
About WGMI
Fund Home PageThe CoinShares Valkyrie Bitcoin Miners ETF (WGMI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides active exposure to companies that derive at least 50% of their revenue from bitcoin mining operations and/or services related to bitcoin mining. WGMI was launched on Feb 7, 2022 and is issued by CoinShares.
Top 10 Holdings
78.35% of assets| Name | Symbol | Weight |
|---|---|---|
| IREN Limited | IREN | 14.88% |
| Core Scientific, Inc. | CORZ | 14.81% |
| Cipher Mining Inc. | CIFR | 10.35% |
| Riot Platforms, Inc. | RIOT | 8.47% |
| MARA Holdings, Inc. | MARA | 5.48% |
| CleanSpark, Inc. | CLSK | 5.33% |
| NVIDIA Corporation | NVDA | 4.95% |
| Bitfarms Ltd. | BITF | 4.91% |
| Hut 8 Corp. | HUT | 4.74% |
| Bit Digital, Inc. | BTBT | 4.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.04932 | Dec 31, 2024 |
| Dec 20, 2023 | $0.05501 | Dec 27, 2023 |
News
As Bitcoin Proves Resilient, Look to Miners With WGMI
The ongoing market rout in response to U.S. tariff concerns, escalating trade wars, and geopolitical tensions creates challenges for investors seeking havens and opportunity. Bitcoin emerged in the la...
Bitcoin Miners Hash Rate Move Could Bode Well for Crypto Prices
Cryptocurrency prices, including bitcoin's, have been turbulent this year — a scenario that's weighed on shares of miners. Some relief could be in sight because the largest digital currency gained nea...
McClurg: Bitcoin "Gold for the Common Man," Other Crypto to "Double" in 2025
Steven McClurg is a bull on crypto under President Trump, which he considers a "pro-crypto" administration. He believes Bitcoin can climb to $120,000 before the end of the year but expects other crypt...
Moir: Crypto volatility is less than expected amid macro events
Duncan Moir, President of 21Shares, explains crypto's evolving role in portfolios, Bitcoin's stabilizing volatility, and why Dogecoin's rise as a payments token justifies launching a new ETF in Europe...
Bitcoin Price Sinks Amid ‘Tariff-Driven Pullback'
Cryptocurrency prices sank early Monday (April 7) in Asia, collateral damage in America's trade war. According to a Bloomberg News report, Bitcoin lost around 7% of its value Sunday (April 6) night in...
Wall Street Breakfast Podcast: Bitcoin Dips Below $75K On Tariff Turmoil
Bitcoin and major cryptocurrencies experienced a significant sell-off, with Bitcoin dropping below $75,000 amid bearish market sentiment and Trump's aggressive tariff policies. Wedbush Securities' Dan...
WGMI: Mining Economics Continue To Face Challenges
CoinShares Bitcoin Miners ETF shares have plummeted nearly 40% in two months, significantly under-performing both the US equity market and Bitcoin. Miner volume share has spiked to 15% in 2023, highli...
Crypto Miners Should Speed Renewable Adoption
,Mining cryptocurrency is a notoriously energy-intensive endeavor. In recent years, that issue has increasingly popped up on the radars of climate and environmental groups.
Bitcoin: White House Signals Unprecedented Exchange
The executive director of the President's Council of Advisers on Digital Assets, Bo Hines, proposes leveraging gold reserves to buy Bitcoin despite its current poor performance. A proposed 2025 law co...
Bitcoin is more like mortgage-backed securities than gold, and 2008 may be repeating itself – Wharton
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Bitcoin: Navigating A Correction Or Heading Into A Bear Market?
Bitcoin currently trades at ~$84,000, down 23% from its recent ATH of $109,000. On-chain analysis (NUPL, holder behavior) indicates the current correction resembles previous healthy pullbacks rather t...
"Never Less Risky" to Buy Bitcoin, Markets Brace for Crypto Catalyst
Andy Baehr with @CoinDesk says markets are still waiting for a Federal catalyst to ignite bullish optimism. He notes Ethereum's 50% drop since the post-election highs but points to solutions that can ...
Regulatory Clarity Emerges for Crypto Miners
Shares of crypto miners, including those residing in ETFs like the CoinShares Valkyrie Bitcoin Miners ETF (WGMI), often see their price action dictated by bitcoin, but there are other factors at plays...
No doubt many cryptocurrencies are going to crash, Deutsche Bank analyst says
Marion Laboure, analyst at Deutsche Bank Research, discusses bitcoin and the wider cryptocurrency market.
Larsen: Bitcoin Bullishness Intact, ETFs Good Way for Crypto Exposure
Steven Larsen talks about the bullish thesis for bitcoin as the U.S. government establishes a strategic reserve. He says the cryptocurrency needs to establish a base case for how it will play a role i...