At this time, Bitwise Asset Administration introduced the launch of the Bitwise GME Choice Revenue Technique ETF (IGME), the first-ever lined name ETF centered round GameStop (GME). The fund arrives at a second the place GameStop not too long ago made headlines for its $500 million Bitcoin treasury technique.
Led by Bitwise’s Head of Alpha Methods Jeff Park, IGME is the most recent addition to Bitwise’s quickly increasing suite of choice revenue ETFs. The actively managed fund is designed to generate revenue by way of a lined name technique whereas providing traders publicity to GameStop, an organization that has remodeled from mall retailer to a key participant within the digital asset dialog.
“IGME is the first covered call strategy built around GameStop, a stock whose historic volatility and growth potential make it a strong fit for this approach,” mentioned Park. “With IGME, investors now have access to an option income ETF based on an equity that sits at the intersection of retail investor popularity, a traditional revenue-generating business, and digital asset adoption.”
GameStop not too long ago disclosed that it holds 4,710 Bitcoin, value over $500 million on the time of buy, positioning it among the many rising record of public firms making Bitcoin a core treasury part. As of March 31, 2025, over 79 public firms maintain a collective $57 billion in Bitcoin—a 159% enhance from the earlier yr, based on Bitcoin Asset Administration.
IGME follows the launch of Bitwise’s different choice revenue ETFs, together with IMST (Technique), ICOI (Coinbase), and IMRA (Marathon Digital Holdings). These ETFs intention to ship month-to-month revenue by way of artificial lined name methods that leverage choices fairly than direct fairness holdings.
“At Bitwise, our mission is to help investors gain access to the full range of opportunities emerging in crypto,” mentioned Bitwise CEO Hunter Horsley. “We’re excited to add IGME to our suite of option income ETFs to help investors capitalize on the volatility of companies in the space.”
IGME plans to announce its first month-to-month distribution on July 24 and carries an expense ratio of 0.98%.
