WGMI is trading at $29.32, down 1.63%, as technology-sector selling reflects renewed doubts about the cost and returns of AI spending after megacap earnings.
- Bitcoin also edged lower as the tech rout and rising oil prices weighed on risk appetite, pressuring crypto-linked shares.
- WGMI’s holdings include bitcoin miners and technology-related companies, leaving it exposed to these sector and market pressures.
- Higher oil prices and Middle East tensions added to broader investor caution.