WGMI is trading 0.99% down after the Bank for International Settlements (BIS) warned that over $1 trillion in AI-related investment, increasingly financed through debt and shadow borrowing, poses mounting risks to financial stability.
- The BIS report, published on June 28, 2026, has prompted investors to reassess highly leveraged AI and data-center plays, leading to a pull-back in specialized digital asset and tech-focused ETFs like WGMI.
- Market sentiment is shifting toward caution regarding aggressive capital expenditure and leverage across the large-cap information technology sector.
- Despite strength in broader index futures, WGMI, a Bitcoin Mining ETF, is underperforming as the market weighs the sustainability of current AI investment levels.