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Bitwise Announces Monthly Distributions for IMST, ICOI, IMRA, IGME, ICRC, and IETH
PRNewswire (Thu, 22-Jan 4:22 PM ET)
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.
Bitwise Coin Option Income Strategy ETF trades on the ARCA stock market under the symbol ICOI.
As of February 2, 2026, ICOI stock price declined to $13.70 with 21,855 million shares trading.
ICOI has a beta of 2.05, meaning it tends to be more sensitive to market movements. ICOI has a correlation of 0.35 to the broad based SPY ETF.
ICOI has a market cap of $27.26 million. This is considered a Sub-Micro Cap stock.
ICOI support price is $13.68 and resistance is $14.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ICOI shares will trade within this expected range on the day.
