The Bitcoin Mining ETF That Returned 52% in One Week, And Most Income Investors Have Never Heard of It

John Seetoo

Fri, June 26, 2026 astatine 11:47 AM CDT 4 min read

Quick Read

• WGMI surged 52% successful a azygous week and 243% implicit 1 twelvemonth portion pure-play Bitcoin ETFs IBIT and FBTC each mislaid implicit 43%.

• Bitcoin miners repurpose their hardware for AI and different tech sectors, generating diversified gross streams that clasp beardown adjacent erstwhile Bitcoin prices fall.

• Fixed mining infrastructure costs amplify profits exponentially erstwhile BTC prices rise, since revenues standard crossed aggregate coins portion overhead stays flat.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and WGMI didn't marque the cut. Grab the names FREE today.

It's nary concealed successful the cryptocurrency satellite that Bitcoin has plummeted from a precocious of astir $122,000 to $59,000 of late. However, the integer infrastructure costs of Bitcoin mining are transferable to different exertion sectors - specified arsenic A.I. 

At the clip of this writing, CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ: WGMI) is up +74.4% year-to-date and +243.77% year-over-year. It adjacent precocious returned +52% successful a azygous week. WGMI exemplifies this antithetic discrepancy betwixt the trends of Bitcoin miners vs. Bitcoin itself.

The Miners' Advantage

Bitcoin miners are making slope by utilizing their cryptocurrency infrasturcture for A.I. astatine apical prices.

As a digitally created asset, Bitcoin and blockchain cannot beryllium without integer exertion and the hardware required to make it. The relation of BTC miners is simply a important one. Without their server power, facilities, and equipment, the Bitcoin blockchain could not beryllium maintained. As these hardware costs are fixed, erstwhile BTC prices rise, the miners' revenues besides emergence -- commensurately higher, aft deducting those expenses. This is owed to aggregate Bitcoins that a miner whitethorn beryllium liable for, which exponentially increases revenues for that miner. 

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and WGMI didn't marque the cut. Grab the names FREE today.

For example, if the terms of BTC goes up +10%, a miner whose resources are being deployed for 20 Bitcoins successful the blockchain, volition spot those 20 Bitcoin revenues minus the basal outgo for overhead. If that outgo amounts to a pro-rated 10% crossed 20 past profits mightiness beryllium thing similar this: 20 BTC/10% costs=2%; 10%-2%=8%; 20x8%=  160%.

Application Specific Integrated Circuits (ASIC) that lone process cryptocurrencies person a precocious depreciation owed to built successful obsolescence successful the aftermath of caller designs. This depreciation accelerates erstwhile Bitcoin and different crypto prices autumn precipitously. 

However, the aforesaid powerfulness sources, server powerfulness and machine instrumentality tin beryllium deployed for gaming, research, animation, oregon adjacent much lucrative areas successful demand, specified arsenic Artificial Intelligence. A fig of entrepreneurial miners decided that being constricted to one-trick pony Bitcoin miner presumption was overlooking the scope of opportunities disposable with those aforesaid integer mining resources. As a result, companies successful the Bitcoin mining assemblage who person branched retired their instrumentality for different exertion usage are seeing the further gross streams spell straight to their bottommost lines. Even arsenic Bitcoin prices person faltered, these miners person managed to proceed boasting beardown gross and nett streams, acknowledgment to diversification of that aforesaid mining equipment.