{"id":3762,"date":"2025-06-10T21:16:29","date_gmt":"2025-06-10T21:16:29","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/06\/10\/bitwise-debuts-first-ever-gamestop-covered-call-etf\/"},"modified":"2025-06-10T21:16:29","modified_gmt":"2025-06-10T21:16:29","slug":"bitwise-debuts-first-ever-gamestop-covered-call-etf","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/06\/10\/bitwise-debuts-first-ever-gamestop-covered-call-etf\/","title":{"rendered":"Bitwise Debuts First Ever GameStop Covered Call ETF"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitwise Debuts First Ever GameStop Covered Call ETF<\/a><\/p>\n

<\/div>\n

Today, Bitwise Asset Management announced<\/a> the launch of the Bitwise GME Option Income Strategy ETF (IGME)<\/a>, the first-ever covered call ETF<\/a> centered around GameStop (GME). The fund arrives at a moment where GameStop recently made headlines<\/a> for its $500 million Bitcoin<\/a> treasury strategy.<\/p>\n

\n

GameStop is embracing bitcoin; we built an income-generating ETF designed to capture that hype and turn it into yield.<\/p>\n

Introducing $IGME<\/a>: The first option income ETF capitalizing on investor interest in @gamestop<\/a> and their adoption of bitcoin as a treasury asset.<\/p>\n

As the fourth\u2026 pic.twitter.com\/EHaXX9PK7X<\/a><\/p>\n

\u2014 Bitwise (@BitwiseInvest) June 10, 2025<\/a>\n<\/p><\/div>\n

Led by Bitwise\u2019s Head of Alpha Strategies Jeff Park, IGME is the latest addition to Bitwise\u2019s rapidly expanding suite of option income ETFs. The actively managed fund is designed to generate income through a covered call strategy while offering investors exposure to GameStop, a company that has transformed<\/a> from mall retailer to a key player in the digital asset conversation.\u00a0<\/p>\n

\u201cIGME 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,\u201d said Park. \u201cWith 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.\u201d<\/p>\n

GameStop recently disclosed<\/a> that it holds 4,710 Bitcoin, worth over $500 million at the time of purchase, positioning it among the growing list of public companies making Bitcoin a core treasury component. As of March 31, 2025, over 79 public companies hold a collective $57 billion in Bitcoin\u2014a 159% increase from the previous year, according to Bitcoin Asset Management.<\/p>\n

IGME follows the launch of Bitwise\u2019s other option income ETFs, including IMST (Strategy), ICOI (Coinbase), and IMRA (Marathon Digital Holdings). These ETFs aim to deliver monthly income through synthetic covered call strategies that leverage options rather than direct equity holdings.\u00a0<\/p>\n

\u201cAt Bitwise, our mission is to help investors gain access to the full range of opportunities emerging in crypto,\u201d said Bitwise CEO Hunter Horsley. \u201cWe\u2019re excited to add IGME to our suite of option income ETFs to help investors capitalize on the volatility of companies in the space.\u201d<\/p>\n

IGME plans to announce its first monthly distribution on July 24 and carries an expense ratio of 0.98%.\u00a0\u00a0<\/p>\n

This post Bitwise Debuts First Ever GameStop Covered Call ETF<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitwise Debuts First Ever GameStop Covered Call ETF Today, Bitwise Asset Management announced the launch of the Bitwise GME Option Income Strategy ETF (IGME), the first-ever covered call ETF centered around GameStop (GME). The fund arrives at a moment where GameStop recently made headlines for its $500 million Bitcoin treasury strategy. GameStop is […]<\/p>\n","protected":false},"author":0,"featured_media":3763,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3762","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3762"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3763"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}