MAXI
Simplify Bitcoin Strategy PLUS Income ETF
as of 03/17/2023
NAV
$ 16.54NAV Change
+ $ 1.21 /7.89%Price
$ 16.49Price Change
+ $ 1.15 /7.50%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 or call spreads on the most liquid global equity indices.
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.