Bitcoin Journal
Bitwise Debuts First Ever GameStop Coated Name ETF
As we speak, Bitwise Asset Administration introduced the launch of the Bitwise GME Possibility Revenue Technique ETF (IGME), the first-ever lined name ETF centered round GameStop (GME). The fund arrives at a second the place GameStop just 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 possibility revenue ETFs. The actively managed fund is designed to generate revenue by 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 powerful match for this method,” stated Park. “With IGME, traders now have entry to an possibility revenue ETF based mostly on an fairness that sits on the intersection of retail investor recognition, a conventional revenue-generating enterprise, and digital asset adoption.”
GameStop just 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 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 yr, based on Bitcoin Asset Administration.
IGME follows the launch of Bitwise’s different possibility revenue ETFs, together with IMST (Technique), ICOI (Coinbase), and IMRA (Marathon Digital Holdings). These ETFs goal to ship month-to-month revenue by artificial lined name methods that leverage choices relatively 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 possibility revenue 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%.
This submit Bitwise Debuts First Ever GameStop Coated Name ETF first appeared on Bitcoin Journal and is written by Jenna Montgomery.