ICRC was created on 2025-10-02 by Bitwise. The fund's investment portfolio concentrates primarily on information technology equity. ICRC seeks to provide current income and capped gains on the Circle Internet Group, Inc. stock (NYSE: CRCL) through a synthetic covered call strategy. The actively managed fund uses both standardized exchange-traded and FLEX options. CRCL specializes in digital currency infrastructure, best known for issuing the USDC stablecoin.