Bitwise Funds Trust (IMST)
Bitwise Funds Trust operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $7.23, up 0.56% on the session, giving a market capitalisation of $13.5M. Its beta of 1.93 implies it has historically moved more than the broad market.
This actively managed investment vehicle, known as the Bitwise MSTR Option Income Strategy ETF, is designed to generate regular income. Its primary approach involves allocating at least 80% of its capital to the common stock of MicroStrategy Incorporated (MSTR). To enhance its earnings, the fund also utilizes an options strategy, specifically by selling call options against its MSTR holdings.
Bitwise Funds Trust is most often compared with the following Financial Services names: