IMRA ETF — Bitwise MARA Option Income Strategy ETF
Bitwise MARA Option Income Strategy ETF (IMRA)
IMRA is an ETF that tracks the Marathon Digital (MARA). As of August 19, 2026, its distribution rate is 9.83%, its trailing-12-month yield is 92.02%, its expense ratio is 0.96%. Dividend Vision Distribution Safety Score™ is 1/100 (High risk). Fund total return is -27.3% over the past 1.3 years, 17.1 points behind MARA at -10.2%.
At the current 9.83% distribution rate, a $10,000 investment would generate approximately $983 per year, or $81.92 per month on an equivalent basis.
IMRA dividend yield and income
Data as of August 19, 2026.
The distribution rate (9.83%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (92.02%) is the last year of payments divided by the current price. The 30-day SEC yield is 0.75%. The last dividend was $0.1196. The last ex-dividend date was 06/26/2026. It was paid on 06/30/2026. At 9.83%, $10,000 would generate about $983 a year ($81.92 monthly-equivalent).
IMRA dividend growth
An annualized trend fit on recent payments is -136.82%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
IMRA performance versus MARA
Data as of August 19, 2026.
Fund total return is -27.3% over the past 1.3 years, 17.1 points behind MARA at -10.2%. Its deepest 1-year drawdown was 61.6%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (1.3 years) | -27.3% | -21.10% |
IMRA key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 1 · High risk
- Safety-Adjusted Yield
- 0.10%
- Issuer
- Bitwise Investments
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 04/01/2025
- Expense ratio
- 0.96%
- Distribution rate
- 9.83%
- Distribution frequency
- Monthly
- Trailing yield
- 92.02%
- 30-day SEC yield
- 0.75%
- Last close
- $14.59
- AUM
- $1,888,362
- Average volume
- 0.0
- Last dividend
- $0.1196
- Ex-dividend date
- 06/26/2026
- Payment date
- 06/30/2026
- Beta
- 2.6203
How Dividend Vision calculates yield and returns
Distribution rate (9.83%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (92.02%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (0.75%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: Bitwise Investments fund page; Index: Marathon Digital (MARA); prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
IMRA risks and drawbacks
Total return has trailed MARA over the available window. The deepest 1-year drawdown on record here is 61.6%.
Who may consider IMRA — and who may not
It is a weaker fit for investors whose main goal is matching MARA total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does IMRA pay monthly?
Yes. IMRA currently pays monthly.
What index does IMRA track?
IMRA tracks the Marathon Digital (MARA).
What is IMRA's expense ratio?
IMRA's expense ratio is 0.96%.
What is IMRA's dividend yield?
IMRA currently yields 9.83%, paid monthly, with a 0.96% expense ratio.
When does IMRA pay a dividend?
IMRA pays monthly. The last dividend was $0.1196. The last ex-dividend date was 06/26/2026. It was paid on 06/30/2026.
How has IMRA performed?
Fund total return is -27.3% over the past 1.3 years, 17.1 points behind MARA at -10.2%. Its deepest 1-year drawdown was 61.6%.
Is IMRA a good investment?
IMRA's Dividend Vision Distribution Safety Score is 1 (High risk). That is a risk signal, not investment advice. It currently yields 9.83%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from Bitwise Investments.
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