Bitwise Asset Management has introduced the Bitwise GME Option Income Strategy ETF (IGME), the first covered call ETF focused on GameStop (GME).
IGME, managed by Bitwise's Jeff Park, aims to generate income through a covered call strategy while providing exposure to GameStop, a company involved in the digital asset space.
GameStop disclosed holding 4,710 Bitcoin worth over $500 million, aligning it with other public companies incorporating Bitcoin into their treasuries.
IGME joins Bitwise's suite of option income ETFs, including IMST, ICOI, and IMRA, offering investors a way to leverage opportunities in the evolving crypto space.