BITQ vs. WGMI ETF Comparison

Comparison of Bitwise Crypto Industry Innovators ETF (BITQ) to Valkyrie Bitcoin Miners ETF (WGMI)

BITQ

Bitwise Crypto Industry Innovators ETF

BITQ Description

The Bitwise Crypto Industry Innovators ETF (the Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bitwise Crypto Innovators 30 Index. The Index was designed to measure the performance of companies leading the rapidly emerging crypto economy. At least 85% of the index is focused on pure-play crypto companies, including bitcoin and crypto trading venues, crypto mining and mining equipment firms, and service providers. Examples include Coinbase (COIN), Silvergate Capital (SI), and MicroStrategy (MSTR). Up to 15% of the index is focused on supporting companies: Innovative large cap firms with diversified business interests that include at least one significant business line focused on the crypto economy. Examples include PayPal (PYPL), Nvidia (NVDA), and Square (SQ). The fund offers investors a picks and shovels approach to investing in the crypto economy

Grade (RS Rating)

Last Trade

$14.23

Average Daily Volume

69,866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WGMI

Valkyrie Bitcoin Miners ETF

WGMI Description

Valkyrie Bitcoin Miners ETF is a leading financial services firm with a focus on digital assets. Headquartered in Nashville, Valkyrie's team combines deep technical expertise in this emerging asset class with decades of experience launching investment vehicles for a wide variety of markets participants. The firm is led by financial industry veterans with decades of experience across firms including Guggenheim Partners, UBS, Chicago Board of Trade, Chicago Mercantile Exchange, and The World Bank.

Grade (RS Rating)

Last Trade

$20.05

Average Daily Volume

365,002

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BITQ	WGMI
30 Days	6.91%	5.08%
60 Days	23.95%	26.34%
90 Days	19.48%	11.64%
12 Months	93.25%	90.16%

8 Overlapping Holdings

Symbol	Grade	Weight in BITQ	Weight in WGMI	Overlap
APLD	C	3.49%	3.87%	3.49%
BTBT	C	2.5%	4.63%	2.5%
CIFR	B	4.54%	10.77%	4.54%
CLSK	D	4.45%	10.15%	4.45%
IREN	B	4.79%	13.43%	4.79%
MARA	D	9.08%	4.55%	4.55%
RIOT	C	4.91%	5.4%	4.91%
WULF	B	5.53%	5.68%	5.53%

BITQ Overweight 10 Positions Relative to WGMI

Symbol	Grade	Weight
MSTR	B	14.37%
COIN	C	9.54%
IBKR	A	1.25%
BK	B	1.14%
NU	B	1.14%
PYPL	B	1.13%
MA	B	1.08%
V	A	1.04%
CME	B	1.03%
MELI	B	1.01%

BITQ Underweight 3 Positions Relative to WGMI

Symbol	Grade	Weight
NVDA	B	-4.2%
DGHI	C	-0.73%
TSM	B	-0.66%