Bitwise GME Option Income Strategy ETF

The Bitwise GME Income Strategy Fund is an actively managed exchange-traded fund designed to generate current income by capitalizing on the high volatility of GameStop Corporation’s stock price. Rather than holding GameStop shares directly, the fund implements an options-only strategy, primarily writing both call and put options on GameStop. This approach seeks to capture option premiums and distribute the resulting income to shareholders each month. By focusing exclusively on option contracts, the fund aims to provide exposure to GameStop’s price movements and volatility while minimizing directional risk associated with holding the underlying stock. The ETF represents a novel approach within the consumer discretionary sector, targeting the unique dynamics of meme stocks and their extreme price swings. Positioned at the intersection of equity derivatives and retail-fueled volatility, the fund appeals to market participants interested in transforming the unpredictable movements of GameStop into a consistent, risk-managed income stream. Managed by Bitwise Asset Management, the fund employs an active buy-write strategy and is part of a broader suite of option income products developed by the company.