Why is CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) stock down today?

WGMI on the NASDAQ is down -4.00% at $47.31 today, with price action that suggests selling interest.

What moved CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) stock today?

Today's move in WGMI on the NASDAQ came alongside volume -11.82% below average and a day range of $47.16–$50.98.

How much did CoinShares Bitcoin Mining ETF's (NASDAQ: WGMI) volume change today?

WGMI's volume on the NASDAQ was 599.26K, -11.82% below its average.

Is CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) breaking a resistance level?

WGMI on the NASDAQ is trading below its 50-day MA ($58.04) and below its 200-day MA ($49.28), which points to short-term and long-term weakness.

Why Is CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) Stock Up Today?

Live update on WGMI's movement on the NASDAQ, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

WGMI●NASDAQ

Financial ServicesAsset Management - Cryptocurrency

$47.31

$1.97(4.00%)

U.S. Market opens in 2h 2m

WGMI is Down -4.00% today

You might want to check out Why is WGMI Down Today?

CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) Update

Volume

599.26K

↓ 12.00%

Open / Previous Close

$49.39 / $49.28

Day Range (Low / High)

$47.16 - $50.98

CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) Summary

CoinShares Bitcoin Mining ETF (NASDAQ: WGMI) is trading down -4.00% at $47.31, reflecting a negative shift in investor sentiment today. The stock opened at $49.39 and has moved between $47.16 and $50.98 so far.

Trading volume is 599262, which is 12% below its average, and the price action suggests selling interest.

Technically, WGMI on the NASDAQ is trading below its 50-day moving average of $58.04 and below its 200-day moving average of $49.28, indicating short-term and long-term weakness.

Meyka's AI assigns WGMI a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +18.64% in 1 month ($56.13), +27.76% in 1 year ($60.45), and +192.30% in 5 years ($138.29).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
Stay informed and make better investment decisions.

WGMI (NASDAQ) Technical Signals

Trading below 50-day moving average ($58.04)

Trading below 200-day moving average ($49.28)

Analyst Recommendations data is not available for WGMIAnalyst Recommendations details for WGMI are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$56.13

1 Year

$60.45

3 Years

$99.45

5 Years

$138.29

Good65.00

Is this change significant?

5-Day:-5.96%

1-Month:-9.49%

3-Month:-19.65%

What's next?

Next earnings date: 7/30/2025