Miners to BTC ratioAn excellent chart if you are looking for a good entry point into miners' shares.
Key stats
About CoinShares Valkyrie Bitcoin Miners ETF
Home page
Inception date
Feb 7, 2022
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Valkyrie Funds LLC
Distributor
ALPS Distributors, Inc.
WGMI is an actively managed fund that invests in companies that derive 50% of their income from mining bitcoin, providing specialized chips, hardware and software or other services to companies in the bitcoin mining industry. This fund will not invest, directly or indirectly, in physical bitcoin or bitcoin future contracts. Equity securities included in the fund are common stocks and ADRs listed in global exchanges, which can be USD or non-USD denominated. In selecting eligible companies, the adviser evaluates companies individually and chooses those they believe are well positioned to succeed and provide the best opportunity for capital appreciation. The adviser also considers ESG factors, which tilts the portfolio to those that have sustainable business models and use renewable energy in bitcoin mining operations. The fund is non-diversified and may invest significantly in a specific industry. Effective Oct. 31, 2024, due to an acquisition, WGMI incorporated CoinShares in its name.
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
Bitcoin Miners and Bitcoin oversold togetherNot surprising that they are oversold together. There's lots of ways to play this. I already have exposure to the miners in IREN so I'm not gonna add to that - I've got a full plate of tickers I'm waiting to be overbought. Could've sold 2 early in the day today, but I wait until the close to make
Did you lose faith in the Bitcoin Miners??? WAGMI #WGMIThe Bitcoin miners ETF WGMI
has a lovely setup
you could be picking up cheap miners
slurping that blood!
For summertime profits... If you have the b@lls (& capital of course)
#CupandHandle
Clear as day
for all to see --- Yet sentiment is in the toilet.
Marvelous!
#CLSK
#WULF
#BITF #BITF.
Short Bitcoin miner ETF at 20.00Three gaps up in rapid succession
Time for a fade
Short WGMI, bitcoin miners ETF @ 20.00
$WGMI - Bitcoin Miners ETF - Printing $ From EnergyNASDAQ:WGMI NASDAQ:MARA NASDAQ:WULF NASDAQ:CLSK NASDAQ:NVDA
So to keep in line with my new “printing money from Solar Energy” series, I came along this gem, an ETF w all of the Bitcoin Miners stocks.
Any financial advisor will tell you an ETF is a great way to trade an entire industry/se
We are Eventually Going to Make it Bitcoin MinersHOLDINGS:
SMSN LI 80 86,080.00
TSM 711 53,723.16
NVDA 577 87,300.10
RIOT 26,791 121,363.23
AMD 1,146 86,351.10
ARBK 101,865 424,777.05
BITF 225,762 264,141.54
88,278 123,589.20
CIFR 98,267 149,365.84
CLSK 97,259 393,898.95
19,309 31,087.49
DGHI 89,753 94,240.65
DMGI CN 607,264 116,409.92
GREE 26,79
WGMI , LONGFirst one lost it, -1R , second one lost it but only 0.15R loss , what will the third one be ? So far trading this name I am down -1.15R , lets see if maybe this one hopefully takes that loss out to pasture .
WGMI , LONGAlright back for another go on today's wedge pop ... QQQ held its emas today too .. although very bad breadth 82 new highs and 565 new lows ...
The close of tomorrow will say a lot imo .
WGMI, LONGAlright , first time getting in this after some ETF research recently , this group seems to be doing really well so far this year .. I attached my notes where I explain the logic on that and why I think WGMI is a good way to play and gain exposure ...
Also I keep seeing repeating theme news recentl
WGMI , notes so I don't forget Looking a potentially playing this Miner ETF vs stocks in same sector
Potentially less volatile than picking a leading bitcoin miner , ( CIFR or RIOT )
Also nicer price structure than some miner stocks I looked into
Stats for review :
WGMI , year to date gain 163% ,
Stage 2
HUT ,
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.