In the present day, 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 just lately 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 possibility revenue ETFs. The actively managed fund is designed to generate revenue by way of a lined name technique whereas providing buyers 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 development potential make it a robust match for this strategy,” mentioned Park. “With IGME, buyers now have entry to an possibility revenue ETF based mostly on an fairness that sits on the intersection of retail investor reputation, a standard 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 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, 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 way of artificial lined name methods that leverage choices relatively than direct fairness holdings.
“At Bitwise, our mission is to assist buyers acquire 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 revenue ETFs to assist buyers 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%.