{
 "ticker": "WGMI",
 "name": "CoinShares Bitcoin Mining ETF",
 "issuer": "CoinShares",
 "desk": "themes",
 "url": "https://etfiq.com/funds/wgmi",
 "html": "https://etfiq.com/funds/wgmi",
 "markdown": "https://etfiq.com/funds/wgmi.md",
 "as_of": "2026-09-11",
 "verdict": "WGMI holds 27 stocks, and 98% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "2.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "WGMI, already in the S&P 500: 2.5%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "WGMI, active share vs the S&P 500: 97.9%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "77.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "WGMI, top ten holdings: 77.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+31.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "WGMI, total return, 1 year: +31.9%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$344m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "WGMI, net assets: $344m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Aug 18, 2026",
   "as_of": "2026-09-11",
   "sentence": "WGMI, expense ratio: 0.75% (485BPOS XBRL, Aug 18, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Blockchain and crypto equities",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Feb 8, 2022",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "2.5%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.9%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "2.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "77.4%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "27",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Cipher Digital Inc 18.2%, Hut 8 Corp 10.8%, Keel Infrastructure Corp 10.7%, IREN Ltd 10.1%, Riot Platforms Inc 4.9%, MARA Holdings Inc 4.8%, Bitdeer Technologies Group 4.7%, Cleanspark Inc 4.6%, Hive Digital Technologies Ltd 4.5%, Digi Power X Inc 4.1%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$344m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221234.7%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Aug 18, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.77%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "MNRS 71%, BKCH 47%, BITQ 44%, STCE 43%, NODE 41%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u221228.7%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221232.0 pts",
   "Gap to Nasdaq-100": "\u221227.9 pts"
  },
  {
   "window": "6 months",
   "Total return": "+22.9%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+6.9 pts",
   "Gap to Nasdaq-100": "+2.3 pts"
  },
  {
   "window": "1 year",
   "Total return": "+31.9%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+14.4 pts",
   "Gap to Nasdaq-100": "+8.9 pts"
  },
  {
   "window": "3 years",
   "Total return": "+356.3%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+278.4 pts",
   "Gap to Nasdaq-100": "+261.2 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+74.9%",
   "S&P 500": "+80.2%",
   "Gap to S&P 500": "\u22125.2 pts",
   "Gap to Nasdaq-100": "\u221229.7 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of WGMI is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 2% of WGMI by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does WGMI hold?",
   "a": "27 positions as filed for Jun 30, 2026, with the top ten at 77% of the fund. The largest are Cipher Digital Inc at 18.2%, Hut 8 Corp at 10.8%, Keel Infrastructure Corp at 10.7%."
  },
  {
   "q": "Has WGMI beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 WGMI returned +31.9% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 14.4 points."
  },
  {
   "q": "What does WGMI cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.77%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}