wgmi stock: CoinShares Bitcoin Mining ETF Guide
WGMI (CoinShares Bitcoin Mining ETF)
wgmi stock refers to the CoinShares Bitcoin Mining ETF (ticker WGMI), an actively managed U.S.-listed exchange-traded fund that gives investors indirect exposure to companies earning substantial revenue from Bitcoin mining and mining infrastructure. In this entry you will learn WGMI's objective, structure, typical holdings, risks, where to get live quotes, and practical steps to access the ETF via a brokerage or Bitget services.
Overview
WGMI is designed to provide targeted exposure to the bitcoin mining ecosystem by investing in publicly listed companies that derive a significant portion of revenue or profits from bitcoin mining operations or provide specialized hardware, software, or services to miners. The fund does not hold bitcoin directly; instead, wgmi stock represents equity exposure to the miners and infrastructure providers behind the network.
Key Facts and Identifiers
- Ticker: WGMI (U.S.-listed ETF)
- Inception date: February 7, 2022
- Expense ratio: reported ~0.75%
- ISIN: as published by the issuer (see prospectus for exact ISIN and legal identifiers)
- Typical number of holdings: mid-20s (per public fund profiles)
- Classification: Actively managed equity ETF focused on digital assets / cryptocurrency mining sector
wgmi stock is commonly profiled by market-data providers for NAV, AUM and intraday pricing.
Sponsor, Management and Legal Structure
The fund is sponsored and managed by CoinShares (CoinShares International Ltd. as fund provider per issuer materials). As a U.S.-listed ETF, WGMI is subject to regulatory filings, prospectus disclosures and trustee/issuer details that are available in official fund documents.
Investment Objective and Strategy
The stated objective is to invest primarily in companies that derive a significant portion of revenue or profits from bitcoin mining or that provide specialized hardware, software or services to miners. The prospectus describes eligibility screens and a minimum allocation policy to ensure a baseline exposure to mining-related companies. WGMI is actively managed rather than passively tracking a fixed index; managers select and weight holdings according to the fund’s mandate.
Selection Criteria and Active Management
Selection typically uses revenue-threshold rules and sector focus (miners, infrastructure, equipment, and services). Active management permits adjustments to reflect market conditions, miner economics and security considerations tied to bitcoin price cycles.
Holdings and Portfolio Composition
Holdings generally include pure-play miners and infrastructure companies. Public profiles often show roughly mid-20s holdings with geographic concentration in North America and select international miners. Representative names that have appeared in provider snapshots include IREN, Cipher Mining, Bitfarms, Riot Platforms, TeraWulf, Hut 8, Core Scientific, Applied Digital, HIVE, and CleanSpark — actual holdings and weights change over time, so consult current fund disclosures for up-to-date composition.
Performance and Statistics
Performance for wgmi stock is reported as total return (including dividends) and is correlated to bitcoin price cycles and miner equity valuations. Market-data pages report NAV, AUM, 52-week ranges, beta and trading volume — check real-time sources for current figures. As of 2026-01-28, market pages such as the issuer’s product page and major data providers publish up-to-date statistics and holdings.
Fees, Dividends and Distributions
The fund’s expense ratio is reported at approximately 0.75%. Dividends or distributions, if any, derive from income realized by underlying equities; consult the prospectus and fund fact sheet for distribution history and tax treatment.
Trading and Market Information
WGMI trades on Nasdaq under ticker WGMI and behaves like other ETFs where market price can differ from NAV. For intraday quotes, volume and spreads, consult financial-data providers and your brokerage. To trade WGMI, use a brokerage account that supports Nasdaq-listed ETFs; Bitget users can check available ETF services and Bitget Wallet for custody-related workflows.
Risks
Primary risks for wgmi stock include concentration risk (sector/thematic), high correlation with bitcoin price volatility, operational and commodity risks specific to miners (energy costs, hardware performance, regulatory and environmental constraints), liquidity risk in underlying equities, and general market risk.
Regulatory and ESG Considerations
Crypto-related securities face evolving regulatory scrutiny. Mining operations are often discussed in the context of energy usage and environmental impacts; CoinShares’ materials and fund disclosures may reference sustainability considerations and preferences for miners using renewable energy.
Comparisons and Related Products
Investors comparing wgmi stock should consider other mining-focused ETFs, broader crypto-industry equity ETFs, or direct bitcoin ETFs. Compare fund objectives, fees, holdings and how each product achieves exposure.
Reception, Coverage and Notable Events
Financial media and analyst pages have covered WGMI in relation to bitcoin price movements, miner profitability and sector-specific events. Reported flows and price moves are regularly updated by market-data providers and news outlets.
How to Invest / Where to Find Information
WGMI can be bought and sold through brokerages that provide access to Nasdaq-listed ETFs. Primary documents — prospectus, fact sheet and current holdings — are published by the issuer. For intraday quotes and fund metrics, consult major market-data providers and the issuer’s product page. As of 2026-01-28, refer to CoinShares product materials and financial-data pages for live updates.
For execution, consider using Bitget’s trading services and Bitget Wallet for custody and asset management workflows; review Bitget’s platform disclosures and supported securities before transacting.
See Also
- Bitcoin
- Bitcoin mining
- Public bitcoin miner equities
- Crypto industry ETFs
References and External Sources
Sources to consult for live data and official filings (no URLs provided here):
- CoinShares (product page and prospectus)
- Yahoo Finance (WGMI quote)
- Robinhood (WGMI product page)
- Morningstar (WGMI profile)
- StockAnalysis (WGMI profile)
- ETFdb (WGMI profile)
- CNBC (WGMI quote)
- Nasdaq (WGMI market activity)
- NYSE quote page for WGMI
As of 2026-01-28, these sources publish current holdings, NAV, AUM and trading data; consult them for the latest, verifiable metrics.
Note: This article is informational and not investment advice. For legal details and exact trustee/issuer names, rely on the fund prospectus and issuer filings. To trade, verify availability on your broker or Bitget account.
