According to 币界网, the CoinShares Valkyrie Bitcoin Mining ETF (WGMI) has undergone a major transformation in 2025, shifting from a focus on Bitcoin mining to a broader role in AI and cloud infrastructure. This strategic pivot was driven by challenges in the mining sector, including the 2024 Bitcoin halving, rising energy costs, and regulatory scrutiny. Major holdings such as Iris Energy and Cipher Mining have signed lucrative AI infrastructure contracts with tech giants like Microsoft, NVIDIA, and Amazon Web Services. The ETF's performance has improved significantly, with a 74.7% year-to-date gain and $261 million in AUM. However, the shift has raised questions about whether the ETF remains aligned with its original investment objective.
WGMI ETF Shifts Focus to AI and Cloud Infrastructure Amid Bitcoin Mining Challenges
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