Right now, 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 lately 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 choice revenue ETFs. The actively managed fund is designed to generate revenue by means 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 primary lined name technique constructed round GameStop, a inventory whose historic volatility and progress potential make it a robust match for this method,” stated Park. “With IGME, traders now have entry to an choice revenue ETF primarily based on an fairness that sits on the intersection of retail investor recognition, a conventional revenue-generating enterprise, and digital asset adoption.”
GameStop lately disclosed that it holds 4,710 Bitcoin, value over $500 million on the time of buy, positioning it among the many rising checklist of public firms making Bitcoin a core treasury element. As of March 31, 2025, over 79 public firms maintain a collective $57 billion in Bitcoin—a 159% improve from the earlier 12 months, in keeping with 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 purpose to ship month-to-month revenue by means of artificial lined name methods that leverage choices fairly than direct fairness holdings.
“At Bitwise, our mission is to assist traders achieve entry to the complete vary of alternatives rising in crypto,” stated Bitwise CEO Hunter Horsley. “We’re excited so as to add IGME to our suite of choice revenue ETFs to assist traders capitalize on the volatility of firms within the area.”
IGME plans to announce its first month-to-month distribution on July 24 and carries an expense ratio of 0.98%.
