MAXI
Simplify Bitcoin Strategy PLUS Income ETF
as of 05/01/2024
NAV
$ 24.25NAV Change
- $ 0.86 /3.42%Price
$ 24.10Price Change
- $ 1.04 /4.14%The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) seeks capital gains and income by providing investors with exposure to bitcoin while simultaneously generating income by selling short-dated put and/or call spreads on a variety of equity and fixed income instruments, which may include indices, ETFs or individual securities.
The fund is designed to be a capital efficient way to simultaneously invest in bitcoin and potentially generate significant income. The fund can also be viewed as bitcoin exposure with a downside buffer, by virtue of the padding the income may create to any bitcoin drawdowns.*
*The fund does not invest in bitcoin directly; it invests in bitcoin futures.
The fund is designed to be a capital efficient way to simultaneously invest in bitcoin and potentially generate significant income. The fund can also be viewed as bitcoin exposure with a downside buffer, by virtue of the padding the income may create to any bitcoin drawdowns.*
*The fund does not invest in bitcoin directly; it invests in bitcoin futures.