Expand ICOI Menu
ICOI MENU

ICOI ETF Profile


Family: Bitwise
Name: Bitwise COIN Option Income Strategy ETF
Inception Date: 1-Apr-2025
Termination Date:
Investment Objective: The Fund's primary investment objective is to provide current income. The Fund's an actively managed ETF with secondary investment objective is to provide exposure to the price return of common shares of Coinbase Global, Inc. (Nasdaq: COIN) ("COIN"). The Fund seeks to achieve these investment objectives through the use of a synthetic covered call strategy. The Fund seeks to provide its synthetic exposure to the price return of COIN through the purchase and sale of a combination of call and put option contracts that utilize COIN as the reference asset. The Fund will also sell call options that utilize COIN as the reference asset. These sold call options provide income in the form of option premiums but will also limit the degree to which the Fund will participate in investment gains experienced by COIN. In implementing its investment strategy, the Fund will invest in traditional exchange-traded options contracts and/or FLexible EXchange options ("FLEX Options") that utilize COIN as the reference asset.
Prospectus
Top 10 Holdings
CASH 100.0000%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 1
Shares Outstanding: 1,250,000
Total Net Assets: 12,950,000
NAV: 10.40
Net Expense Ratio: 0.96%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Covered Call Strategy
Currency:
Commodity:
Sector: Financials
Industry: Capital Markets
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes