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The Bitcoin Mining ETF That Returned 52% in One Week, And Most Income Investors Have Never Heard of It
Key takeaways
- Bitcoin miners repurpose their hardware for AI and other tech sectors, generating diversified revenue streams that hold strong even when Bitcoin prices fall.
- Fixed mining infrastructure costs amplify profits exponentially when BTC prices rise, since revenues scale across multiple coins while overhead stays flat.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and WGMI didn't make the cut.
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 at 11:47 PM GMT+7 4 min read BTC-USD IBIT NVDA Quick Read WGMI surged 52% in a single week and 243% over one year while pure-play Bitcoin ETFs IBIT and FBTC each lost over 43%.
Bitcoin miners repurpose their hardware for AI and other tech sectors, generating diversified revenue streams that hold strong even when Bitcoin prices fall.
Fixed mining infrastructure costs amplify profits exponentially when BTC prices rise, since revenues scale across multiple coins while overhead stays flat.
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