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by: xpoolPosted on: September 11, 2025

Bitcoin Mining ETF Breaks Record High Amidst AI Rally

The CoinShares Bitcoin Mining ETF (WGMI) surged past its record high, reaching $33.13 on Tuesday and climbing 12% year-to-date. This significant performance was fueled by top holdings IREN (+188%) and Cipher Mining (+90%), both of which have experienced exceptional growth. The overall rally is attributed to a broader AI momentum surge, including Oracle’s cloud growth, which has boosted mining and tech stocks.

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