Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Valkyrie Bitcoin Miners ETF (WGMI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/29/2025: WGMI (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 171.83% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 11.09 - 31.82 | Updated Date 06/29/2025 |
52 Weeks Range 11.09 - 31.82 | Updated Date 06/29/2025 |
Upturn AI SWOT
Valkyrie Bitcoin Miners ETF
ETF Overview
Overview
The Valkyrie Bitcoin Miners ETF (WGMI) focuses on investing in companies that derive a significant portion of their revenue or profits from bitcoin mining operations. The ETF aims to provide investors with exposure to the growth of the bitcoin mining industry through a diversified portfolio of mining companies.
Reputation and Reliability
Valkyrie Funds is a relatively new ETF issuer, but is establishing a reputation for specializing in digital asset-focused ETFs. Their reputation is still developing in comparison to more established issuers.
Management Expertise
Valkyrie Funds has a team with expertise in digital assets and ETF management, aiming to provide innovative investment products.
Investment Objective
Goal
To provide investment results that generally correspond, before fees and expenses, to the performance of the holdings of companies that derive a specified percentage of their revenue or profits from bitcoin mining operations.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index, but selects companies based on their involvement in Bitcoin mining activities.
Composition The ETF holds stocks of publicly traded companies involved in Bitcoin mining, including those that provide hardware, software, or other services to the mining industry.
Market Position
Market Share: Market share data for WGMI needs real-time updates and is not statically available.
Total Net Assets (AUM): 68651784
Competitors
Key Competitors
- BITK
- DAPP
- BTCR
- SMIN
Competitive Landscape
The competitive landscape is marked by several ETFs targeting the digital asset and blockchain space. Valkyrie Bitcoin Miners ETF competes on fund focus and management fees. Compared to its competitors, the ETF could potentially offer lower fees. But investors may look at fund sizes, historical performance, and brand reputation when choosing between these competitors.
Financial Performance
Historical Performance: Historical performance data needs real-time updates and cannot be provided statically.
Benchmark Comparison: The ETF's performance should be compared to a broad market index and also Bitcoin's performance. This data needs real-time updating.
Expense Ratio: 0.75
Liquidity
Average Trading Volume
The average trading volume indicates the ease of buying or selling shares without significantly impacting the price, requiring real-time data.
Bid-Ask Spread
The bid-ask spread, representing the difference between the highest price a buyer will pay and the lowest price a seller will accept, provides information on trading costs, requiring real-time monitoring.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates and inflation, growth prospects within the Bitcoin mining sector, and general market conditions all affect the ETF's performance.
Growth Trajectory
The growth of the ETF is linked to the expansion of Bitcoin mining and the performance of the included stocks, which is contingent upon Bitcoin prices and regulatory changes.
Moat and Competitive Advantages
Competitive Edge
Valkyrie Bitcoin Miners ETF offers focused exposure to bitcoin mining companies, making it attractive for investors seeking direct exposure to this niche sector. Unlike broader crypto or tech ETFs, WGMI focuses on miners, potentially offering greater alpha if the mining sector outperforms Bitcoin itself. Valkyrie's expertise in digital asset ETFs may attract investors who trust their management team. This allows investors to avoid direct ownership of Bitcoin.
Risk Analysis
Volatility
The ETF's volatility is high due to its focus on the volatile Bitcoin mining sector.
Market Risk
The ETF faces significant market risk related to Bitcoin price fluctuations, regulatory uncertainties, and technological advancements affecting mining operations.
Investor Profile
Ideal Investor Profile
The ideal investor for this ETF is someone with a high-risk tolerance, seeking exposure to the Bitcoin mining industry, and believing in the long-term growth of Bitcoin.
Market Risk
This ETF is more suitable for active traders or investors with a higher risk tolerance who understand the dynamics of the Bitcoin mining industry, rather than passive index followers.
Summary
Valkyrie Bitcoin Miners ETF (WGMI) offers targeted exposure to companies involved in Bitcoin mining. Its performance is tied to Bitcoin prices, regulatory environments, and technological advancements. It carries high volatility and is suitable for risk-tolerant investors. Valkyrie's expertise in digital assets may be a competitive advantage, but market factors affecting Bitcoin and mining are key.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Valkyrie Funds Website
- ETF Database
- Yahoo Finance
- Bloomberg
Disclaimers:
This analysis is based on available information and should not be considered financial advice. Market conditions and ETF characteristics can change over time. Investors should conduct their own research before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Valkyrie Bitcoin Miners ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively-managed exchange-traded fund ("ETF") that will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profits from bitcoin mining operations and/or from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. It will not directly invest in bitcoin, or indirectly through the use of derivatives or through investments in funds or trusts that hold bitcoin. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.