CoinShares ETF Trust CoinShares Bitcoin Mining ETF
WGMI
38 hedge funds and large institutions have $14.8M invested in CoinShares ETF Trust CoinShares Bitcoin Mining ETF in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 13 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
50% more call options, than puts
Call options by funds: $11M | Put options by funds: $7.36M
0.52% less ownership
Funds ownership: 14.51% → 13.99% (-0.52%)
12% less funds holding
Funds holding: 43 → 38 (-5)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
48% less capital invested
Capital invested by funds: $28.5M → $14.8M (-$13.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.99M |
| 2 |
Jane Street
New York
|
+$2.97M |
| 3 |
MWM
Maridea Wealth Management
Brooklyn,
New York
|
+$917K |
| 4 |
RWMG
Redwood Wealth Management Group
Medford,
New Jersey
|
+$907K |
| 5 |
Renaissance Technologies
New York
|
+$727K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.51M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.16M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.8M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.33M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -100 | -74% |
|
WGMI Hedge Fund Activity: Q1 2025 in Review
38 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in CoinShares ETF Trust CoinShares Bitcoin Mining ETF (WGMI) for Q1 2025, worth a combined $14.8M — down 48% from $28.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of WGMI and 10 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 12 added.
The largest buyer was Citadel Advisors, adding an estimated $2.99M. The largest seller was Susquehanna International Group, cutting an estimated $4.51M.
- 38 institutional investors held CoinShares ETF Trust CoinShares Bitcoin Mining ETF (WGMI) as of Q1 2025, down from 43 in Q4 2024.
- Funds reported $14.8M of CoinShares ETF Trust CoinShares Bitcoin Mining ETF stock for Q1 2025, down 48% quarter-over-quarter.
- 10 funds opened new CoinShares ETF Trust CoinShares Bitcoin Mining ETF positions in Q1 2025 and 13 closed out, a net change of -3 holders.
- The largest CoinShares ETF Trust CoinShares Bitcoin Mining ETF buyer in Q1 2025 was Citadel Advisors, an estimated $2.99M added.
- The largest CoinShares ETF Trust CoinShares Bitcoin Mining ETF seller in Q1 2025 was Susquehanna International Group, an estimated $4.51M sold.
Based on aggregated 13F filings for Q1 2025.