• CoinShares Bitcoin Mining ETF (WGMI) is trading 4.61% up today.
  • This surge is driven by a broad risk-on rally in technology and AI-linked infrastructure, following a tentative U.S.–Iran peace deal that has eased inflation fears and led to lower oil prices.
  • Significant gains in high-beta semiconductor stocks, including Micron (up nearly 8-10%) and AMD (up over 7%), are lifting the broader tech sector and boosting appetite for WGMI, which is increasingly associated with AI data centers and computing power.