Both the Fidelity Wise Origin Bitcoin Fund (FBTC +0.12%) and CoinShares Bitcoin Mining ETF (WGMI +4.71%) offer exposure to Bitcoin (BTC 0.89%), but their approaches differ: FBTC tracks spot Bitcoin itself, while WGMI holds shares of companies tied to Bitcoin mining and infrastructure. This comparison unpacks their costs, performance, risks, and what’s inside to help clarify which ETF may appeal to a crypto-focused portfolio.
Snapshot (cost & size)
| Metric | FBTC | WGMI |
|---|---|---|
| Issuer | Fidelity | CoinShares |
| Expense ratio | 0.25% | 0.75% |
| 1-yr return (as of Jan. 24, 2026) | -14.53% | 92.48% |
| AUM | $17.41 billion | $341.93 million |
Beta measures price…




