WGMIVALKYRIE BITCOIN MINERS ETF
VALKYRIE BITCOIN MINERS ETF
$45.73-2.54% today
297252-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +8.8% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$117Massets under management
—expense ratio
—net flow, trailing month
619Kavg daily volume, 30 days
21holdings · US-domiciled
2024listed July 5, 2024 · beta 3.51
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -8.8% |
| 1 month | -14.7% |
| 3 months | -26.2% |
| 6 months | +12.4% |
| YTD | +8.8% |
| 1 year | +61.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
109%realized volatility, 30 days (annualized)
84%realized volatility, 1 year
-50.9%deepest fall from a peak, 1 year
-36.6%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
339calls today
220puts today
0.65put/call ratio
687Kshares traded
The case against WGMI
Due diligence cuts both ways. These funds sit on the same shelf and beat WGMI on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| GLD SPDR Gold Shares | 0.40% | $146B | +$4.4B | 1250× the assets · +$4.4B in over the month | Head-to-head |
| EWN iShares MSCI Netherlands ETF | 0.50% | $745M | +$142M | 6× the assets · +$142M in over the month | Head-to-head |
| IBIT iShares Bitcoin Trust | 0.12% | $64.8B | — | 555× the assets | Head-to-head |
| SLV iShares Silver Trust | 0.50% | $38.5B | — | 330× the assets | Head-to-head |
| FBTC FIDELITY WISE ORIGIN BITCOIN FUND | — | $7.8B | — | 66× the assets | Head-to-head |