🔍 **Crypto Mining ETF Faces Tough Year**

- CoinShares' Valkyrie Bitcoin Mining ETF (WGMI) is struggling in 2025, down 43% YTD. This ETF, focused on bitcoin miners, is facing challenges as the network hash rate climbs to near-record highs.

- Key holdings like IREN, Core Scientific, and Cipher Mining have seen significant declines, with NVIDIA also dropping over 20%.

- Meanwhile, metals ETFs are shining, with gold mining ETFs among the top performers, boasting a 38% increase.

- The rising hash rate and mining difficulty are squeezing miner profitability, as transaction fees remain low.

💬 What are your thoughts on the future of crypto mining? Share in the comments!