This New ETF Aims To Turn GameStop's Wild Moves Into Cash
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2025
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Source: Benzinga
Bitwise GME Option Income Strategy ETF: Bitwise Asset Management launched an options-only fund, IGME, which aims to generate income from GameStop's volatility by writing call and put options without owning shares, targeting a monthly distribution to shareholders.
GameStop's Bitcoin Investment: Following GameStop's acquisition of 4,710 Bitcoins for its treasury, the new ETF combines meme-stock volatility with corporate crypto adoption, appealing to investors seeking a risk-managed approach to capitalize on GameStop's price fluctuations.
Analyst Views on BITB
Wall Street analysts forecast BITB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BITB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 48.950
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Current: 48.950
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
