Bitcoin

Bitwise Debuts First Ever GameStop Covered Call ETF

Published

4 months ago

June 10, 2025

These days bitter belongings administration announced The launch of the BitWise GME -Option -inemsten strategy ETF (IGME)The very first coated name ETF centered round Gamestop (GME). The fund comes at a time when Gamestop not too long ago made headlines For the Bitcoin Treasury technique of $ 500 million.

Gamestop embraces Bitcoin; We have now constructed an revenue -generating ETF that was designed to catch that hype and make it a yield.

Introduction $ Igme: The primary choice -Incandes @Gamestop And their adoption from Bitcoin as a treasury belongings.

If the fourth … pic.twitter.com/eHaxx9pk7x

– Bitwise (@Bitwiseinvest) June 10, 2025

Beneath the management of Bitwise’s Head of Alpha Methods Jeff Park, IGME is the most recent addition to the quick -growing collection of choice revenue ETFs from Bitwise. The actively managed fund is designed to generate revenue by a coated name technique, whereas buyers’ publicity to Gamestop, an organization that has been reworked from purchasing middle store to an vital participant within the digital asset interview.

“Igme is the primary coated name technique constructed round Gamestop, a shares whose historic volatility and the expansion potential matches strongly with this method,” stated Park. “With Igme, buyers now have entry to an choice revenue ETF primarily based on fairness that’s on the intersection of recognition of the retail commerce, a standard enterprise coaching actions and acceptance of digital belongings.”

Gamestop Recently announced That it has 4,710 Bitcoin, value greater than $ 500 million on the time of buy, which it positions it underneath the rising listing of public firms that make Bitcoin a core treasury element. On March 31, 2025, greater than 79 public firms have a collective $ 57 billion in Bitcoin – a rise of 159% in comparison with the earlier yr, in line with Bitcoin Asset Administration.

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IGME follows the opposite choice revenue ETFs from Bitwise, together with Imst (technique), ICOI (Coinbase) and IMRA (Marathon Digital Holdings). These ETFs are meant to offer month-to-month revenue by artificial coated name methods that use choices as a substitute of direct fairness.

“In Bitwise, our mission is to assist buyers acquire entry to the total vary of alternatives that pop up in crypto,” stated Bitwise CEO Hunter Horsley. “We’re happy so as to add Igme to our suite of choice revenue ETFs to assist buyers benefit from the volatility of firms in house.”

Igme plans to announce his first month-to-month distribution on July 24 and has a price ratio of 0.98%.