CoinShares Bitcoin Mining ETF (WGMI)
| Assets | $193.31M |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | 5.45M |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.13% |
| Ex-Dividend Date | Dec 24, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 358,838 |
| Open | 36.17 |
| Previous Close | 35.67 |
| Day's Range | 35.55 - 37.34 |
| 52-Week Low | 11.09 |
| 52-Week High | 37.34 |
| Beta | 3.78 |
| Holdings | 24 |
| Inception Date | Feb 7, 2022 |
About WGMI
Fund Home PageThe CoinShares Bitcoin Mining 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
78.96% of assets| Name | Symbol | Weight |
|---|---|---|
| IREN Limited | IREN | 20.72% |
| Cipher Mining Inc. | CIFR | 13.88% |
| TeraWulf Inc. | WULF | 7.74% |
| Riot Platforms, Inc. | RIOT | 7.72% |
| Bitfarms Ltd. | BITF | 5.46% |
| Hut 8 Corp. | HUT | 4.87% |
| Core Scientific, Inc. | CORZ | 4.80% |
| Applied Digital Corporation | APLD | 4.70% |
| HIVE Digital Technologies Ltd. | HIVE | 4.58% |
| CleanSpark, Inc. | CLSK | 4.50% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.04932 | Dec 31, 2024 |
| Dec 20, 2023 | $0.05501 | Dec 27, 2023 |
Performance
WGMI had a total return of 121.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.52%.
News
IREN's Meteoric Rally Calls for a Diversified Approach
If there is any individual stock that investors should be keeping an especially close eye on right now, it's likely to be Iris Energy Ltd. (IREN). A bitcoin mining and AI cloud computing company, IRE...
Crypto stocks vs Bitcoin: here's what history says is a better investment
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Bitcoin Miners Rapidly Outpacing Bitcoin Price Gains YTD
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Declining Bitcoin Volatility Has Plenty of Benefits
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Galaxy CEO Mike Novogratz: Bitcoin could see another big surge towards the end of the year
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Bitcoin buyers plunge as investors' crypto euphoria fades
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CoinShares Announces $1.2 Billion Merger to Go Public in U.S.
CoinShares, the premier European digital asset manager with $10 billion in AUM, announced a merger with Vine Hill Capital Investment Corp. The merger will enable CoinShares to go public in the U.S., a...
Bitcoin Attractively Valued as Volatility Falls: JP Morgan
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Bitcoin represents a digital transformation of capital markets, says Strategy's Michael Saylor
Michael Saylor, Strategy executive chairman, joins 'Squawk Box' to discuss the state of bitcoin, what to make of the rally this year, Strategy's bitcoin strategy, rise of bitcoin treasury companies, a...
Bitcoin can 'easily' get to $200,000 before year-end, says Fundstrat's Tom Lee
Tom Lee, Fundstrat Global Advisors head of research and Fundstrat Capital CIO, joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, latest market trend...
Bitcoin climbs after dismal jobs report fuels rate cut hopes: CNBC Crypto World
On today's episode of CNBC's Crypto World, bitcoin climbs after it was revealed that payrolls rose less than expected in August. Plus, crypto billionaire Justin Sun says his World Liberty Financial to...
How to Think About Bitcoin Allocations
Advisors and investors find themselves inundated with decisions and choices when investing in the crypto economy. Between deciding what cryptocurrency to invest in (bitcoin, ether, tether, solana, etc...
Signs Point to a Bitcoin Rebound
As of midday Tuesday, bitcoin was clinging to the psychologically important $110,000 level following a drop of more than 2% over the prior seven trading days — one that materialized as rival ether rac...
Bitcoin funds may soon be bigger than gold, even as yellow metal sets another round of records
Bitcoin has proved to be a worthy rival to gold, as assets under management in exchange-traded funds for the cryptocurrency have been quickly catching up to those of the safe-haven staple.
WGMI: Not Your Average Bitcoin Strategy
Advisors with clients interested in bitcoin investing but leery of direct exposure risk should consider the CoinShares Valkyrie Bitcoin Miners ETF (WGMI). The fund's strategy creates lower correlation...
Crypto Miners Are Spreading Their Wings
Bitcoin is succumbing to some profit-taking and speculation regarding the Federal Reserve's outlook for September interest rate cuts. But shares of cryptocurrency miners have been somewhat resilient r...