CoinShares Bitcoin Mining ETF (WGMI)Equity Digital Assets | Exchange Traded Fund | NasdaqGM
52.23 USD
-0.04
(-0.077%) ⇩
(July 14, 2026, 4 p.m.
EDT)
After hours: 52.00 -0.23 (-0.230%) ⇩ (July 14, 2026, 6:17 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:33 a.m. EDT
The long-term outlook remains exceptionally strong, driven by a flawless three-year price trajectory with zero consecutive negative years and a cumulative gain of over 150%. The business fundamentals are clearly superior to the current market pricing, which has punished the asset despite its robust growth history. However, the short-term picture is fraught with tension; the asset has recently retraced significantly from its highs, trading well below its 50-day moving average. This weakness has triggered a flood of speculative put buying, creating a dense wall of resistance that suggests traders are bracing for further volatility or a deeper correction. While the statistical forecast offers a weak lean upward, it is too noisy to override the visible fear in the options chain. The divergence between the asset's proven long-term quality and the aggressive short-term hedging creates a volatile environment where the trend could reverse quickly. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.226521 |
| MSTL | 0.268495 |
| AutoETS | 0.281202 |
| AutoARIMA | 0.284372 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 2.51 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.173 |
| Excess Kurtosis | -0.02 |
| Attribute | Value |
|---|---|
| Trailing P/E | 19.99 |
As of July 11, 2026, 6:33 a.m. EDT: Speculators are positioning aggressively for downside protection, evidenced by massive open interest walls in out-of-the-money puts (strikes 68, 75, 80) and a heavy skew toward ITM put volume for January 2027. Conversely, call activity shows significant volume spikes at strikes 95 and 100 for later expirations, suggesting a speculative bet on a massive crypto rally, while near-term calls lack the defensive structure seen in the put book.
| Date | Dividend | Yield % |
|---|---|---|
| 2024-12-24 | 0.049 | 0.193294 |
| 2023-12-20 | 0.055 | 0.343107 |
| Attribute | Value |
|---|---|
| All Time High | 76.94 |
| All Time Low | 4.07 |
| Ask | 55.86 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 707,950 |
| Average Daily Volume3 Month | 650,418 |
| Average Volume | 650,418 |
| Average Volume10Days | 707,950 |
| Beta3 Year | 4.76 |
| Bid | 48.88 |
| Bid Size | 2 |
| Category | Equity Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 55.13 |
| Day Low | 51.255 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 2.6129377 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 61.6782 |
| Fifty Day Average Change | -9.4482 |
| Fifty Day Average Change Percent | -0.15318541 |
| Fifty Two Week Change Percent | 108.662674 |
| Fifty Two Week High | 76.94 |
| Fifty Two Week High Change | -24.710003 |
| Fifty Two Week High Change Percent | -0.32115936 |
| Fifty Two Week Low | 23.01 |
| Fifty Two Week Low Change | 29.22 |
| Fifty Two Week Low Change Percent | 1.2698826 |
| Fifty Two Week Range | 23.01 - 76.94 |
| First Trade Date Milliseconds | 1,644,330,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | CoinShares ETF Trust |
| Fund Inception Date | 1,644,192,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,022-02-08 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | CoinShares Bitcoin Mining ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1758497659 |
| Nav Price | 52.2992 |
| Net Assets | 343,591,904.0 |
| Net Expense Ratio | 0.75 |
| Open | 54.46 |
| Post Market Change | -0.22999954 |
| Post Market Change Percent | -0.4403591 |
| Post Market Price | 52.0 |
| Post Market Time | 1,784,067,473 |
| Previous Close | 52.27 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.040000916 |
| Regular Market Change Percent | -0.076527484 |
| Regular Market Day High | 55.13 |
| Regular Market Day Low | 51.255 |
| Regular Market Day Range | 51.255 - 55.13 |
| Regular Market Open | 54.46 |
| Regular Market Previous Close | 52.27 |
| Regular Market Price | 52.23 |
| Regular Market Time | 1,784,059,200 |
| Regular Market Volume | 442,422 |
| Short Name | CoinShares Bitcoin Mining ETF |
| Source Interval | 15 |
| Symbol | WGMI |
| Three Year Average Return | 0.4019891 |
| Total Assets | 343,591,904 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 19.988995 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 81.39977 |
| Trailing Three Month Returns | 81.39977 |
| Triggerable | 1 |
| Two Hundred Day Average | 49.464973 |
| Two Hundred Day Average Change | 2.765026 |
| Two Hundred Day Average Change Percent | 0.055898666 |
| Type Disp | ETF |
| Volume | 442,422 |
| Yield | 0.0 |
| Ytd Return | 64.90776 |