WGMI ETF — Valkyrie Bitcoin Miners ETF

Valkyrie Bitcoin Miners ETF (WGMI)

Updated October 16, 2026.

WGMI is an ETF linked to Bitcoin Miners. its expense ratio is 0.75%. Total return is 20.2% over the past 4.7 years, 61.6 points behind SPY at 81.8%.

Valkyrie Bitcoin Miners ETF is an actively managed fund that invests at least 80% of its assets in securities of bitcoin mining and digital power companies listed on global exchanges, including both U.S. and non-U.S. stocks and ADRs. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.75%. It may appeal to investors seeking equity exposure to the bitcoin mining industry rather than bitcoin itself or traditional dividend-focused strategies.

WGMI performance versus SPY

Price and return data through 2026-10-16.

Total return is 20.2% over the past 4.7 years, 61.6 points behind SPY at 81.8%. Over the past year its total return — price change plus distributions reinvested — is -47.3%. Its deepest 1-year drawdown was 56.6%.

WGMI key facts

Issuer

Valkyrie

Asset type

ETF

Asset class

Equity

Inception date

02/07/2022

Expense ratio

0.75%

Distribution frequency

None

Last close

$31.29 (as of 2026-10-16)

AUM

$193,665,304

Average volume

994407.0

Ex-dividend date

12/24/2024

Payment date

12/31/2024

Beta

4.51

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Valkyrie or company page; Index: Bitcoin Miners; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

WGMI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 56.6%.

Who may consider WGMI — and who may not

It is a weaker fit for investors who need monthly cash flow (WGMI does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on WGMI

• All tickers starting with W

Tagged: Crypto, Bitcoin.

Frequently asked questions

More securities from Valkyrie.