MAXI

Simplify Bitcoin Strategy PLUS Income ETF

$18.87
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) seeks to provide exposure to Bitcoin while also generating income through options strategies.

Overview

ETF tracking Simplify Bitcoin Strategy PLUS Income ETF

Category Value
Issuer Other
Inception Date 2022-09-30
Market Cap $34.5M
Average Volume N/A
Dividend Yield 29.15%
52-Week Range $15.44 - $35.60
VWAP $19.34

Performance

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Investment Summary

📎 Investment Objective

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) seeks to provide exposure to Bitcoin while also generating income through options strategies.

🎯 Investment Strategy

The fund invests in Bitcoin futures contracts and also sells call options on Bitcoin futures to generate income. The options strategy aims to provide some downside protection while also generating yield.

✨ Key Features

  • Provides exposure to Bitcoin through futures contracts
  • Utilizes an options strategy to generate income and potentially reduce volatility
  • Actively managed to dynamically adjust the Bitcoin and options exposures
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Significant volatility and risk associated with Bitcoin and cryptocurrency markets
  • Potential for losses from the options strategy if market movements are unfavorable
  • Liquidity risks due to the fund's relatively small asset base
  • Counterparty risk with the futures and options contracts

👤 Best For

This ETF may be suitable for experienced investors seeking exposure to Bitcoin with an income-generating component, but it carries high risk and volatility. It is not recommended for conservative or risk-averse investors.