WGMI ETF Analysis: Valkyrie Bitcoin Miners | NASDAQ
Equity Digital Assets | NASDAQ, USA | Market Cap: 261m USD | 12M Return: 114% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 31.4M
Warnings
No concerns identified
Tailwinds
Seasonality 4.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Valkyrie Bitcoin Miners ETF (WGMI) is an actively-managed, non-diversified ETF that invests at least 80% of its net assets in securities of companies earning 50% or more of their revenue or profits from bitcoin mining or from supplying specialized chips, hardware, software, or services to bitcoin miners. The fund provides equity exposure to the bitcoin mining sector without holding bitcoin directly, indirectly through derivatives, or through bitcoin-tracking funds or trusts. Bitcoin mining companies typically generate revenue by validating transactions on the Bitcoin network and receiving block rewards, an energy-intensive process that has driven demand for specialized ASIC hardware and related infrastructure.
- Bitcoin price rally lifts miner revenues and margins
- Post-halving mining rewards cut squeezes profit margins
- Rising electricity costs pressure miner operating margins
As of July 31, 2026, the stock is trading at USD 52.87 with a total of 814,843 shares traded. Over the past week, the price has changed by -9.27%, over one month by -17.00%, over three months by +16.51% and over the past year by +113.96%.
Current recommended Stop Loss: 46.90 (which is 11.3% or 1.2 ATR below the current price).
Valkyrie Bitcoin Miners has no consensus analysts rating.