In this [A Bitcoin Miners ETF | WGMI | Valkyrie Bitcoin Miners ETF | Quick Take] video 🎥, we will be discussing a highly requested topic from our viewers – the WGMI ETF. @EZMike mentioned this ETF in one of our videos last week, and we have since added it to our ETF Google sheet for Valkyrie Bitcoin Miners ETF. As you can see, it is easy to find ETFs on our Google sheet by using the control F function. We have categorized WGMI as a Bitcoin miners ETF, and we can see that it had a significant drop on Friday, following the overall selloff in the Bitcoin market. BITO and BITX also experienced a drop, while BITI, a leveraged short on Bitcoin, showed a higher risk-reward profile for WGMI. However, the overall risk-reward profile for WGMI is quite good, although it is currently a bit on the higher side.
Moving on to FinViz, we can see that WGMI had a nice run leading up to the ETF approval, but it has since been rejected at the upper trend line. Currently, it is on a downtrend, but it does pay a semiannual or special dividend, although it is quite small. WGMI is also optionable.
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00:00 – WGMI
04:33 – BeachBum Trading Sites
05:21 – Discord Invite
📈 TRADING PLATFORMS 📈
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📟 RELATED VIDEOS 📟
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🎥 How To Make Money 💰 Trading BitCoin ETFs Approval | [Weekly Trading Game Plan] 1/15 – 1/19/24 | Part 1 👉 https://youtube.com/live/M-UAAPqgQ6U
🎥 Best ETFs to use to Trade Bitcoin | BITX 👉 https://youtu.be/vYwiGlp6Yus
🎥 Best ETFs to use to Trade Cryptocurrency 👉 https://youtu.be/OLicbA3Qtjs
🎥 How To Watch 👀 & Set Alerts 🔔 on Cryptocurrencies in thinkorswim® [TOS] | Cryptocurrencies in TOS 👉 https://youtu.be/-dgFKYxNGwc
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#BeachBumTrading #wgmi #bitcoinminers
📝 REFERENCES 📝
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📝 Weekly Trading Game Plan Notes for 1/15 – 1/19/2024 – Part 2 👉 https://docs.google.com/document/d/1S3TbfC4sHGTQy6-wqOZvBueYMAffxFPfUxSPP-XFLq8/edit?usp=sharing
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