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IMRA ETF Profile


Family: Bitwise
Name: Bitwise MARA 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 is an actively managed ETF with secondary investment objective is to provide exposure to the price return of common shares of MARA Holdings, Inc. (Nasdaq: MARA) ("MARA"). 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 MARA through the purchase and sale of a combination of call and put option contracts that utilize MARA as the reference asset. The Fund will also sell call options that utilize MARA 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 MARA. In implementing its investment strategy, the Fund will invest in traditional exchange-traded options contracts and/or FLexible EXchange options ("FLEX Options") that utilize MARA as the reference asset.
Prospectus
Top 10 Holdings
CASH 100.0000%
2MARA US 02/20/26 P10.01 0.0000%
MARA US 02/20/26 C10 0.0000%
MARA US 02/06/26 C10 0.0000%
Derivatives offset 0.0000%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 5
Shares Outstanding: 240,000
Total Net Assets: 3,634,680
NAV: 15.21
Net Expense Ratio: 0.98%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Covered Call Strategy
Currency:
Commodity:
Sector: Technology
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Maturity Duration:
Market Cap: Large Cap
Credit Quality:
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Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic
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