CoinShares Bitcoin Mining ETF (WGMI)
| Assets | $293.67M |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | 5.98M |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.09% |
| Ex-Dividend Date | Dec 24, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 698,110 |
| Open | 50.76 |
| Previous Close | 48.19 |
| Day's Range | 50.17 - 52.33 |
| 52-Week Low | 11.09 |
| 52-Week High | 52.33 |
| Beta | 3.86 |
| 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
77.54% of assets| Name | Symbol | Weight |
|---|---|---|
| IREN Limited | IREN | 18.97% |
| Cipher Mining Inc. | CIFR | 14.83% |
| Riot Platforms, Inc. | RIOT | 7.27% |
| Bitfarms Ltd. | BITF | 7.13% |
| Applied Digital Corporation | APLD | 5.15% |
| Hut 8 Corp. | HUT | 5.08% |
| HIVE Digital Technologies Ltd. | HIVE | 5.01% |
| CleanSpark, Inc. | CLSK | 4.75% |
| Bitdeer Technologies Group | BTDR | 4.70% |
| MARA Holdings, Inc. | MARA | 4.64% |
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 170.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.47%.
News
Bitcoin ETFs see over $600M in inflows as BTC price nears $120K
Bitcoin exchange-traded funds extended their streak of inflows this week, with no recorded outflows since September 26. Over the four trading sessions from September 29 to October 2, inflows exceeded ...
ETF inflows are key driver for crypto, says Citi's Alex Saunders
Alex Saunders, Citi head of quant macro research, joins CNBC's Closing Bell Overtime to outline his bull case on Bitcoin and Ethereum.
Bitcoin climbs after private payrolls saw biggest decline in more than two years : CNBC Crypto World
On today's episode of CNBC Crypto World, major cryptocurrencies rise after private payrolls saw their biggest decline in more than two years during September, a further sign of labor market weakening ...
A Scintillating September for a Crypto Mining ETF
An interesting trend — one seen on various occasions with gold — is at play this month in the cryptocurrency space: Shares of bitcoin miners are outperforming the largest digital currency to the upsid...
Number of spot crypto ETFs, and many more funds, may be about to boom after SEC decisions
Two recent Securities and Exchange Commission decisions should lead to a wave of new ETFs. Crypto ETFs covering more digital currencies, such as solana and XRP, are to be expected in the months ahead ...
Bitcoin has characteristics that gold doesn't, says Coinbase's John D'Agostino
John D'Agostino, Coinbase head of institutional strategy, joins 'Squawk Box' to discuss the state of crypto, impact of AI, bitcoin price trends, and more.
How gold and bitcoin are going beyond market 'safe haven' to become income-generating investments
Investor interest continues to increase for portfolio diversification beyond stocks and bonds, with gold hitting new record prices and bitcoin adoption growing. As the Fed begins what could be a longe...
Bitcoin Cycle History May Be Antiquated
Experienced bitcoin investors know that since that largest cryptocurrency debuted almost 17 years ago, it's often moved in four-year cycles centering on halvings. Those events reduce the number of rew...
Bitcoin reclaims the $113,000 level despite tech pullback on Wall Street: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin rises to $113,000 while the FTT token soars as a new post is shared on Sam Bankman-Fried's X account. Plus, Morgan Stanley eyes offering crypto trading...
Andy Baehr on New Crypto ETF & Rising Crypto Assets
@CoinDesk's Andy Baehr returns to the NYSE set to talk about the launch of the Grayscale Coindesk Crypto 5 ETF (GDLC) and how it gives investors access to a "basket" of new and established cryptocurre...
Deciphering the Bitcoin Investment Case
Bitcoin turns 17 years old in January. But for newer investors, there's still considerable need for demystification around the investment case for cryptocurrency and the role asset class can play in w...
WGMI: Minings, Cohorts, And Risks
CoinShares Bitcoin Mining ETF offers regulated, actively managed exposure to Bitcoin mining companies, not direct BTC or derivatives. WGMI's performance is highly sensitive to Bitcoin's hashprice, min...
Help Bolster Retirement Savings With Protected Bitcoin ETFs
Recent federal policy has reignited discussion around the value of bitcoin as a means of cultivating retirement savings. Looking at bitcoin as a vehicle for long-term growth may seem a bit strange at ...