{"id":31366,"date":"2025-06-11T15:46:43","date_gmt":"2025-06-11T15:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31366"},"modified":"2025-06-11T15:46:43","modified_gmt":"2025-06-11T15:46:43","slug":"bitcoin-holder-gamestop-gets-an-etf-from-bitwise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31366","title":{"rendered":"Bitcoin Holder GameStop Gets an ETF From Bitwise"},"content":{"rendered":"<div>\n<p>Bitwise Asset Management is tapping into the fervor surrounding GameStop\u2019s (GME) bitcoin pivot with the launch of a new exchange-traded fund designed to offer exposure to GME and income.<\/p>\n<p>Dubbed the Bitwise GME Option Income Strategy ETF (IGME), the fund will apply a covered call strategy to both provide exposure to GameStop\u2019s share performance and regular income for investors.<\/p>\n<p>GameStop purchased 4,710 BTC for <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/26\/gamestop-raising-usd1-3b-of-convertible-debt-for-bitcoin-purchases\">over $500 million<\/a> late last month, following its raising of $1.3 billion via convertible debt to initiate a bitcoin treasury strategy.<\/p>\n<p>This new fund <a href=\"https:\/\/x.com\/bitwiseinvest\/status\/1932423090744557705?s=46\">will be managed <\/a>by Jeff Park, Bitwise\u2019s Head of Alpha Strategies, alongside the firm\u2019s portfolio management team<a href=\"https:\/\/x.com\/bitwiseinvest\/status\/1932423090744557705?s=46\">.<\/a><\/p>\n<p>Covered call strategies involve selling options on holdings to collect premiums, a method that can produce steady income, though capping upside potential.<\/p>\n<p>GameStop has a compelling story, a passionate investor base, and a commitment to bitcoin,\u201d Bitwise wrote on <a href=\"https:\/\/x.com\/bitwiseinvest\/status\/1932423090744557705?s=46\">social media<\/a>. \u201cIGME seeks to harness that in a way that generates income and provides capped upside exposure.\u201d<\/p>\n<p>The fund is Bitwise\u2019s fourth actively managed covered call ETF, joining a growing list of products designed to offer exposure to crypto-linked firms and income.<\/p>\n<p>Bitwise has also filed to launch an ETF offering covered call strategy to <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/09\/bitwise-proshares-file-for-etfs-tracking-soaring-circle-shares\">generate income from holding shares of Circle<\/a> (CRCL), which <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/05\/circle-shares-open-at-69-on-nyse-debut-signaling-strong-appetite-for-stablecoin-issuers\">debuted on the New York Stock Exchange <\/a>earlier this month.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise Asset Management is tapping into the fervor surrounding GameStop\u2019s (GME) bitcoin pivot with the launch of a new exchange-traded fund designed to offer exposure to GME and income. Dubbed the Bitwise GME Option Income Strategy ETF (IGME), the fund will apply a covered call strategy to both provide exposure to GameStop\u2019s share performance and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31366","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31366"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31366\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}