At the moment, Bitwise Asset Administration announced the launch of the Bitwise GME Option Income Strategy ETF (IGME), the first-ever coated 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 newest addition to Bitwise’s quickly increasing suite of possibility earnings ETFs. The actively managed fund is designed to generate earnings by means of a coated name technique whereas providing traders publicity to GameStop, an organization that has transformed from mall retailer to a key participant within the digital asset dialog.
“IGME is the primary coated name technique constructed round GameStop, a inventory whose historic volatility and development potential make it a powerful match for this method,” mentioned Park. “With IGME, traders now have entry to an possibility earnings ETF primarily based on an fairness that sits on the intersection of retail investor recognition, a standard revenue-generating enterprise, and digital asset adoption.”
GameStop recently disclosed that it holds 4,710 Bitcoin, price over $500 million on the time of buy, positioning it among the many rising listing of public corporations making Bitcoin a core treasury part. As of March 31, 2025, over 79 public corporations maintain a collective $57 billion in Bitcoin—a 159% enhance from the earlier 12 months, in line with Bitcoin Asset Administration.
IGME follows the launch of Bitwise’s different possibility earnings ETFs, together with IMST (Technique), ICOI (Coinbase), and IMRA (Marathon Digital Holdings). These ETFs purpose to ship month-to-month earnings by means of artificial coated name methods that leverage choices fairly than direct fairness holdings.
“At Bitwise, our mission is to assist traders achieve entry to the total vary of alternatives rising in crypto,” mentioned Bitwise CEO Hunter Horsley. “We’re excited so as to add IGME to our suite of possibility earnings ETFs to assist traders capitalize on the volatility of corporations within the area.”
IGME plans to announce its first month-to-month distribution on July 24 and carries an expense ratio of 0.98%.