WGMIvsGBTCETF Comparison
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CoinShares Bitcoin Mining ETF (WGMI) and Grayscale Bitcoin Trust ETF (GBTC) belong to the same industry segment: Cryptocurrency. WGMI's top 3 sector exposures are Finance, Technology and Industrials. WGMI is less expensive with a Total Expense Ratio (TER) of 0.75%, versus 1.5% for GBTC. WGMI is up 38.45% year-to-date (YTD) with -$30M in YTD flows. GBTC performs worse with -26.69% YTD performance, and -$2.16B in YTD flows. Run a side-by-side ETF comparison of WGMI and GBTC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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WGMI vs GBTC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | WGMI GBTC | -16.04%+10.10% | +9.92%-15.57% | +38.45%-26.69% | +114.28%-45.46% | +231.37%n/a | n/an/a |
| Flows | WGMI GBTC | -$20M-$278M | -$58M-$1.15B | -$30M-$2.16B | -$43M-$3.82B | +$58M- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | WGMI GBTC | +94.64%+37.29% | +82.93%+44.34% | +82.34%n/a | n/an/a |
| Max drawdown | WGMI GBTC | -39.94%-28.48% | -50.84%-53.71% | -62.76%n/a | n/an/a |
| Max drawdown duration | WGMI GBTC | 39d80d | 223d297d | 264dn/a | n/an/a |
Trading data
WGMI | GBTC | |
Last sale 7/31/2026 at 1:30 PM | $51.46 | $48.73 |
| Previous close 07/30/2026 | $52.87 | $50.16 |
| Consolidated volume 07/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
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WGMI
is actively managed and doesn’t replicate an indexWGMI | GBTC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 7/31/2026 at 1:30 PM
Live
Closed
WGMI | GBTC | |
|---|---|---|
| Last price | $51.46 | $48.73 |
| 1D performance | -2.67% | -2.85% |
| AuM | $267.30 M | $8.64 B |
| E/R | 0.75% | 1.5% |
Characteristics
WGMI | GBTC | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | CoinShares | Grayscale |
| Benchmark | - | CoinDesk Bitcoin Benchmark Rate |
| N° of holdings | 23 | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 7, 2022 | January 11, 2024 |
| ESG | No | No |
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Exposure
Countries
WGMI
USA
58.08%
Australia
9.91%
Other
32.01%
GBTC
Data will be available soon
Sectors
WGMI
Finance
40.38%
Technology
34.55%
Other
25.07%
GBTC
Data will be available soon
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Diversification
WGMI
Total weight of top 15 holdings out of 15
72.59%
GBTC
Data will be available soon
Top 15 holdings
Data as of June 30, 2026
WGMI
Cipher Digital, Inc.
18.30%
IREN Ltd.
9.91%
CleanSpark, Inc.
4.91%
Riot Platforms, Inc.
4.90%
Bitdeer Technologies Group
4.83%
MARA Holdings, Inc.
4.76%
HIVE Digital Technologies Ltd.
4.73%
Digi Power X, Inc.
4.00%
Applied Digital Corp.
2.95%
Core Scientific, Inc.
2.88%
TeraWulf, Inc.
2.82%
ChronoScale Corp.
2.06%
Soluna Holdings, Inc.
2.04%
NVIDIA Corp.
1.85%
Nebius Group NV
1.65%
GBTC
Data will be available soon
Frequently asked questions about WGMI and GBTC
How have the WGMI and GBTC ETFs performed in 2026?
As of July 30, 2026, WGMI is up 38.45% year-to-date (YTD), while GBTC has lost -26.69%. That puts WGMI better performer ahead so far this year.
Which ETF is attracting more investor money: WGMI or GBTC?
Year-to-date, the WGMI ETF saw -$30M in flows, compared to -$2.16B for GBTC.
Which ETF is more volatile: WGMI or GBTC?
Over the past year, WGMI had a volatility of 82.93%, while GBTC experienced 44.34%.
Which ETF is bigger: WGMI or GBTC?
As of July 30, 2026, WGMI holds $267.30 M in assets under management (AUM), while GBTC manages $8.64 B.
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