# IMRA (Bitwise MARA Option Income Strategy ETF)

Bitwise · Income ETFs · data as of Jul 31, 2026

Closed on Jul 31, 2026. The exchange removed its listing on Aug 10, 2026. These are its last figures, as of the last day it traded. It is not in ETFIQ’s rankings, scores or comparisons.

Over the year to Jul 31, 2026, IMRA paid 33.6% in cash and finished 9.8 points behind MARA.

## Key facts

- IMRA, cash paid, 1 year, on its starting price: 33.6%, as of Jul 31, 2026.
- IMRA, total return, 1 year: −39.4%, as of Jul 31, 2026.
- IMRA, against MARA: −9.8 pts, as of Jul 31, 2026.
- IMRA, last payout, annualized: 9.8%, as of Jul 31, 2026.
- IMRA, expense ratio: 0.96% (485BPOS XBRL, Apr 30, 2026).
- IMRA, benchmark: MARA (MARA), as of Jul 31, 2026.

## IMRA over each window to Jul 31, 2026

| Window | Cash paid | Price | Total return | MARA | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 1.8% | −8.5% | −7.0% | −1.2% | −5.8 pts |
| 6 months | 6.4% | −5.8% | +0.6% | +19.2% | −18.6 pts |
| 1 year | 33.6% | −63.5% | −39.4% | −29.6% | −9.8 pts |
| Since launch | 63.1% | −67.7% | −27.3% | +0.8% | −28.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | synthetic covered call | ETFIQ |
| Benchmark | MARA (MARA) | ETFIQ |
| How the benchmark is set | Its prospectus names MARA as the company its options are written on (prospectus, Form 485BPOS, accession 0001213900-26-049948, filed 2026-04-30). | ETFIQ |
| Paid | monthly | ETFIQ |
| Last payout, annualized | 9.8% | ETFIQ |
| Expense ratio | 0.96% | 485BPOS XBRL, Apr 30, 2026 |
| Cash paid, its last 12 months, over its last price | 92.0% | ETFIQ |
| First traded | Apr 3, 2025 | ETFIQ |

## Questions

### How much did IMRA pay in its last year?

Over the year to Jul 31, 2026, IMRA paid 33.6% of its starting price in cash distributions, while the price fell 63.5%.

### Did IMRA finish ahead of MARA?

Over the year to Jul 31, 2026, with every distribution reinvested, IMRA returned −39.4% against −29.6% for MARA (MARA), so a holder was behind it by 9.8 points.

### How often did IMRA pay, and how much?

IMRA paid monthly. Its last distribution annualized to 9.8% at its last price, on Jul 31, 2026.

### What did IMRA cost?

The prospectus expense ratio is 0.96% a year.


## Cite this page

ETFIQ, IMRA, income ETFs, data as of Jul 31, 2026. https://etfiq.com/funds/imra
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/imra  ·  JSON: https://etfiq.com/funds/imra.json
