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As of September 15, 2026, CoinShares Bitcoin Mining and Digital Power ETF (WGMI) trades at $44.87. RSI at 50 is in neutral territory, and the price is below its 50-day average of $49.26.

CoinShares Bitcoin Mining and Digital Power ETF (WGMI)

CoinShares Bitcoin Mining and Digital Power ETF NASDAQ

$44.87 -2.190 (-4.65%)
At close: Sep 14, 4:00 PM EDT
AI Analyst Consensus
Hold
55 / 100
The CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an actively managed equity fund focused on companies within the bitcoin mining and digital power infrastructure ecosystem. It invests in public companies involved in bitcoin mining, high-performance computing, AI data centers, semiconductors, and energy infrastructure, rather than holding digital assets directly. The fund's strategy targets the hardware, energy, and infrastructure layers supporting digital asset and advanced computing markets. As of September 15, 2026, WGMI has net assets of $238.38 million and an expense ratio of 0.75%, costing $75.00 per $10,000 invested annually. The fund's sector allocation is heavily weighted towards Technology (49.40%) and Financial Services (39.21%), with smaller allocations to Communication Services, Utilities, and Industrials.

WGMI Price Analysis

Market Metrics

Open
$44.03
Day Range
$43.63 to $46.03
Prev Close
$47.06
Volume
923.0K
52-Week Range
$28.35 to $76.94

WGMI Fund Facts

CoinShares Bitcoin Mining and Digital Power ETF is an actively managed exchange-traded fund that focuses on companies supporting the infrastructure behind bitcoin mining and digital power systems. CoinShares Bitcoin Mining and Digital Power ETF seeks exposure to businesses involved in bitcoin mining, high-performance computing, AI-related data-center operations, semiconductors, power generation, and energy infrastructure. Rather than holding bitcoin directly, the fund invests in public companies that provide the compute and energy capabilities used across digital asset and advanced computing markets.

Issuer
CoinShares
Category
Equity Digital Assets
Inception
Feb 7, 2022
Expense ratio
0.75%
Net assets
$238.38M
NAV
$47.87
Distribution yield
0.10%
YTD return
12.35%
Turnover
40.00%

Sector weights

Utilities 3.2%
Technology 49.4%
Industrials 0.9%
Financial Services 39.2%
Communication Services 7.2%

Trailing returns vs category

Period WGMI Category
YTD 12.35% 10.15%
1 month -16.47% 25.59%
3 months -36.96% 2.67%
1 year 40.09% 69.41%
3 years 54.40% 45.80%
5 years N/A -1.91%

Fund reference data as of Sep 15, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

WGMI Analysis

AI Technical Analysis Hold
At $44.87, WGMI is trading below its 50-day simple moving average of $49.26 and its 200-day simple moving average of $48.72, indicating a bearish short-term trend. The 20-day exponential moving average is at $46.46, also above the current price. The Relative Strength Index (RSI) is at 50.45, which is classified as neutral momentum. The Moving Average Convergence Divergence (MACD) is at -0.96, suggesting bearish momentum. Stochastic and CCI readings further support a neutral to slightly bearish technical picture, with no strong overbought or oversold signals.
ProTips
  • Monitor the performance of the Technology and Financial Services sectors, as they represent the largest portion of WGMI's holdings.
  • Consider the volatility of the digital asset market, as it directly impacts the underlying companies within WGMI.
  • Compare WGMI's trailing returns against its category average to assess its long-term performance relative to peers.
Market Outlook
The 6-12 month outlook for WGMI is neutral, reflecting its current trading position below key moving averages and the mixed performance against its category over the past year. The fund's success hinges on continued innovation and growth within the bitcoin mining and digital power sectors, as well as the broader digital asset market's stability. A potential upside target could be the 50-day SMA resistance at $49.26, while a downside target could see it retest lower support levels if market sentiment deteriorates. Significant shifts in regulatory policy or technological advancements could alter this outlook.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.57
Moderate correlation
Nasdaq 100 (QQQ) +0.61
Moderate correlation
Bitcoin (BTC) +0.47
Moderate correlation
Gold (XAU) +0.20
Weak correlation
Check Custom Correlation

How does any other asset move with WGMI? One year of daily closes, Pearson correlation.

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Key Statistics

Yield 0.11%
Day High $46.03
Day Low $43.63
52 Week High 76.94
52 Week Low 28.35
WGMI's underlying sector, Equity Digital Assets, is characterized by its focus on technology and infrastructure supporting digital assets and advanced computing. The fund's significant allocation to Technology (49.40%) and Financial Services (39.21%) highlights its exposure to companies driving innovation in these areas. The active management strategy aims to capture growth within the ecosystem of mining, data processing, and power-intensive services. The fund's expense ratio is 0.75%, with $238.38 million in net assets. The sector's health is tied to the broader trends in digital asset adoption, semiconductor demand, and energy infrastructure development.

Earnings & Growth Analysis

Its performance is influenced by the earnings trends of its underlying holdings in the technology and financial services sectors. Companies involved in bitcoin mining, high-performance computing, and AI data centers are expected to see revenue growth driven by increasing demand for computational power and digital asset infrastructure. The fund's exposure to these growth-oriented companies suggests potential for capital appreciation if these underlying businesses continue to expand and generate profits.

Key Risks

The primary risk for WGMI is concentration risk, with nearly 89% of its assets in Technology and Financial Services. This makes the fund susceptible to downturns in these specific sectors. Additionally, the fund's performance is closely tied to the volatile digital asset market and the regulatory environment surrounding cryptocurrencies and mining operations. The current trading price below key moving averages suggests potential for further price declines if market sentiment shifts negatively.

Technical Indicators i

RSI (14) 50.45
MACD -0.96
SMA 50 49.26
SMA 200 48.72
Technical Rating Neutral
RSI
Neutral
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($49.26) above the 200-day SMA ($48.72), price is trading below the 50-day SMA.

WGMI Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Entry Strategies pick an entry style

Conservative
$44.42
Slight discount to current
Wait for small dip
Aggressive
$44.87
At current price
Enter now if confident

Risk Management

STOP LOSS
$40.76
MAX LOSS
-8.3%
Volatility-Adjusted Stop Loss
Calculated based on RSI (50.5) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$45.75
+3% (Conservative)
+2.0% (Aggressive)
TARGET 2
$46.64
+5% (Conservative)
+4.0% (Aggressive)
TARGET 3
$47.98
+8% (Conservative)
+6.9% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of WGMI is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 15, 2026.

Growth of $10,000

A $10,000 investment in WGMI in February 2022 would be worth about $16,588 today, compared with about $16,873 for the same investment in the S&P 500 benchmark.

Compare with Another Ticker

Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in WGMI today could grow to about $24,256 by 2036 in the base case, with a bull case near $184,023 and a bear case around $3,197. Projections are statistical simulations, not guarantees.

WGMI ETF Price Prediction: 2030

CleaRank's simulation projects a price near $63.96 for WGMI by 2030 in the base case, from $44.87 today (1.4x over 4 years). The downside path ends near $17.75. These are outcomes of a Monte Carlo simulation run on WGMI's historical return distribution, not price targets, and they assume no dividends are reinvested.

WGMI simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $25.83 $49.03 $93.05
2028 $21.64 $53.57 $133
2029 $19.29 $58.53 $178
2030 $17.75 $63.96 $230
2031 $16.68 $69.88 $293
2032 $15.89 $76.36 $367
2033 $15.31 $83.43 $455
2034 $14.88 $91.16 $558
2035 $14.57 $99.61 $681
2036 $14.35 $109 $826

Method: 10,000 simulated price paths using WGMI's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. WGMI is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

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Frequently Asked Questions

What is the expense ratio for the CoinShares Bitcoin Mining and Digital Power ETF (WGMI)?
The CoinShares Bitcoin Mining and Digital Power ETF (WGMI) has an expense ratio of 0.75%, which amounts to $75.00 per $10,000 invested annually. This cost covers the fund's management and operational expenses.
What sectors does the WGMI ETF concentrate in?
The WGMI ETF is primarily concentrated in the Technology sector, holding 49.40% of its assets, and the Financial Services sector, with 39.21%. Smaller allocations are present in Communication Services, Utilities, and Industrials.
What is the distribution yield for the WGMI ETF?
The WGMI ETF has a distribution yield of approximately 0.11% as of September 15, 2026.
How has WGMI performed against its category over the past year?
Over the past year, WGMI has returned 40.09% while its category returned 69.41%, indicating underperformance relative to its peers.
What are the key technical levels for WGMI?
WGMI is currently trading below its 50-day SMA of $49.26 and its 200-day SMA of $48.72. The 20-day EMA is at $46.46. The RSI is at 50.45, indicating neutral momentum.
What is the price prediction for WGMI ETF in 2030?
Based on a Monte Carlo simulation for 2030, the base price projection for WGMI is $63.96, with a downside price of $17.75. These figures represent statistical simulation outcomes, not guaranteed price targets.
What is the outlook for the CoinShares Bitcoin Mining and Digital Power ETF?
The outlook for WGMI is neutral to cautiously optimistic, contingent on the performance of the technology and digital asset infrastructure sectors. While the fund offers targeted exposure to a growing ecosystem, its performance is subject to the inherent volatility of these markets and the specific operational success of its underlying holdings.
How does insider and institutional activity typically influence WGMI?
Insider and institutional activity in the companies WGMI holds can significantly impact its performance. Positive institutional flows into technology and digital asset infrastructure stocks generally support WGMI's price, while significant selling by large holders could signal headwinds.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for WGMI are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on September 15, 2026.

Disclaimer:

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