WGMI
Valkyrie Bitcoin Miners ETF · Valkyrie
Tech & Innovation
1Y Return
+96.0%
Expense Ratio
0.75%
AUM
$261M
Dividend Yield
0.00%
Avg Annual Growth (Since Inception)
+78.5%
Issuer
Valkyrie Investments

Overview

Bitcoin mining companies — the infrastructure layer of the Bitcoin network. Leveraged equity play on Bitcoin price through mining operations and hash rate economics.

Top Holdings

TickerHoldingWeight
RIOTRiot Platforms12.4%
MARAMarathon Digital11.8%
CLSKCleanSpark Inc.10.8%
CORZCore Scientific9.4%
CIFRCipher Mining8.8%
BITFBitfarms Ltd.7.8%
HUTHut 8 Mining6.8%
TERATeraWulf Inc.5.8%
SDIGStronghold Digital4.8%
GREEGreenidge Gen.4.4%

Fund Details

Index
MVIS Global Digital Assets Mining
# Holdings
~25
Inception
Feb 2022
Exchange
NASDAQ
Structure
Open-End Fund
Distribution
None
Avg Annual Growth (Since Inception)
+78.5%
Avg Annual Yield (Since Inception)
0.00%

Investment Thesis

Bitcoin miners earn BTC block rewards and transaction fees for securing the network through proof-of-work computation. As Bitcoin's price rises, miners' revenues surge while their fixed infrastructure costs remain relatively stable, creating powerful operating leverage. WGMI focuses exclusively on listed Bitcoin mining companies, providing the highest equity leverage to Bitcoin price movements available in any ETF structure.

Who It's For

Aggressive Bitcoin bulls who want the maximum equity leverage to Bitcoin price increases available through publicly listed mining companies. Bitcoin miners typically move 2-3x the percentage change of Bitcoin itself in sustained bull markets, delivering amplified returns. Suitable only for investors with very high risk tolerance who understand Bitcoin mining economics and can withstand extreme volatility.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022----
2023$6.42--
2024$12.82+99.7%
2025$20.18+57.4%
Annual Dividend Yield
YearYield
2016--
2017--
2018--
2019--
2020--
2021--
2022--
20230.00%
20240.00%
20250.00%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022----
2023$0.06B--
2024$0.12B+100.0%
2025$0.18B+50.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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