Bitwise to Liquidate MSTR Option Income ETF by August 2026
IMST•Bitwise Asset Management will close and liquidate its Bitwise MSTR Option Income Strategy ETF (IMST) on July 31, 2026. Investors who hold shares past that date will receive cash redemption based on NAV around August 10, 2026.
1. Liquidation Plan
Bitwise Asset Management announced it will close and liquidate the Bitwise MSTR Option Income Strategy ETF (IMST) on July 31, 2026, alongside five other option income ETFs. The final NAV calculation occurs on August 9, 2026, with the official liquidation date set for August 10, 2026.
2. Redemption Process
Shareholders who do not sell their IMST shares by the July 31 cutoff will have their positions automatically redeemed for cash at the ETF’s NAV. Redemption payments are expected to be delivered via brokers or financial intermediaries on or around August 10, 2026.
3. Impact on Investors
The closure affects all remaining IMST investors, converting their holdings into cash rather than underlying crypto or equity exposure. This move reduces Bitwise’s ETF lineup and may signal a strategic shift in its option income product suite.
