ETHA offers a higher indirect exposure to the crypto market, as it was designed to track the price of Ethereum.
WGMI holds a basket of Bitcoin mining-related stocks, offering an indirect exposure to Bitcoin and the entire crypto market.
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Both the CoinShares Bitcoin Mining ETF (NASDAQ:WGMI) and iShares Ethereum Trust ETF (NASDAQ:ETHA) offer exposure to the crypto ecosystem, but they do so in fundamentally different ways: ETHA mirrors the price movement of Ethereum (CRYPTO:ETH) itself, while WGMI targets companies involved in Bitcoin m