The CoinShares Bitcoin Mining ETF (WGMI) rose 12% to a record $33.13 on Tuesday as Nebius Group’s $17.4 billion agreement to supply GPUs to Microsoft boosted crypto mining and AI-related stocks across the board

The exchange-traded fund is now 44% higher year-to-date and has surpassed its market debut level of around $30.

The top two holdings have been standout performers year-to-date: • IREN (IREN) has surged 188% • Cipher Mining (CIFR) has climbed 90%

WGMI manages $175.7 million in total assets with an expense ratio of 0.75%.

The Nebius-Microsoft deal sparked a rally in AI-focused mining stocks on Tuesday, adding to momentum from the broader AI movement.

AI euphoria also boosted Oracle (ORCL), which surged 30% in pre-market trading on Wednesday. The company, a database software d

See Full Page