Summary
CoinShares Bitcoin Mining ETF is an ETF - a fund traded on an exchange like a stock - run by CoinShares. Positions inside: 29. The ten largest make up 61% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $157.2M
- Positions
- 29
- Running since
- 2022
What speaks for it
- Easy to buy and sell: about $15.9M changes hands a day.
- Average yearly growth over the last three years: 31%.
What to watch
- The ten largest positions make up 61% of the fund, so its result rests on a few names.
- 50% of the fund is in one sector (Technology).
- 88% of the fund is in one country (United States).
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 86% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -48%
- 3 months
- -52%
- This year
- -39%
- 1 year
- -59%
- 3 years
- +126%
- Avg. market cap
- $217.4B
- P/E
- -
- Forward P/E
- -
- P/S
- 0.6x
- P/B
- 0.0x
- P/FCF
- -
- EV/EBITDA
- -
- Dividend yield
- 0.02%
- ROIC
- -4.0%
- ROE
- -38.6%
- Gross margin
- 14.0%
- Operating margin
- -59.3%
- Net margin
- -374.3%
- Payout ratio
- -
- Net debt/EBITDA
- -
- Beta
- 4.28
Weighted average of the 28 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 CICipher Mining Inc. CIFR 8.8%
- 2 NBNebius Group N.V. NBIS 8.4%
- 3 CRCoreWeave CRWV 7.5%
- 4 HUHut 8 Mining Corp. HUT 7.2%
- 5 KEKeel Infrastructure Corp. KEEL 5.8%
- 6 WUTeraWulf WULF 5.0%
- 7 HIHIVE Blockchain Technologies Ltd. HIVE 4.8%
- 8 COCore Scientific, Inc. CORZ 4.7%
- 9 RIRiot Blockchain, Inc. RIOT 4.5%
- 10 IRIris Energy IREN 4.5%
Positions in the fund: 29. The ten largest make up 61% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 50%
- Financials 37%
- Communication services 8.3%
- Utilities 3.0%
- Industrials 0.9%
By country
- United States 88%
- Australia 4.5%
- Canada 3.0%
- Taiwan 1.2%
- Other countries 0.1%
By company size
- Mega cap 4.9%
- Large cap 17%
- Mid cap 44%
- Small cap 23%
- Micro cap 11%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (50%). Largest country: United States (88%). Largest size group: Mid cap (44%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
Growing over the long run- A year on average, 3 years
- +31%
- Deepest drop
- -86%
- Yearly volatility
- 85%
Average yearly growth over the last three years: 31%. Deepest drop in these years: 86% below the earlier high.
Does it pay dividends?
Yes, it pays out- Last payment
- $0.05
The last payment was $0.05 on Dec 24, 2024.
Is it easy to buy and sell?
Very easy- Traded a day
- $15.9M
- Shares a day
- 685K
On an average day about $15.9M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- Average Bulios Score
- 39 out of 100
Weight by Bulios Fair Price
- Undervalued 37%
- Fairly valued 7.1%
- Overvalued 56%
By Fair Price, 56% of the rated weight comes out as overvalued.
Counted from its largest companies (28), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
NC NCLD Roundhill Neocloud ETF | United States | 0.65% | $37.5M | - | - | 47% |
BL BLCH.DE Global X - Blockchain UCITS ETF | Ireland | 0.50% | $74.4M | -53% | Reinvests | 43% |
DA DAPP VanEck Digital Transformation ETF | United States | 0.52% | $214.6M | -41% | Pays out | 42% |
NO NODE Onchain Economy ETF | United States | 0.67% | $51.4M | -35% | - | 42% |
DA DAPP.MI VanEck Crypto and Blockchain Innovators UCITS ETF | Ireland | 0.65% | $445.4M | -39% | Reinvests | 41% |
GC GCPU Grayscale AI Compute ETF | United States | 0.59% | $7.58M | -57% | - | 41% |