SPBC

Simplify US Equity PLUS GBTC ETF

as of 07/30/2021

NAV

$ 26.30

NAV Change

- $ 0.09 /0.34%

Price

$ 26.37

Price Change

- $ 0.13 /0.49%
The Simplify US Equity PLUS GBTC ETF seeks to provide an efficient way for asset allocators to add Bitcoin exposure to portfolios. T­he fund targets a 100% investment in the US equities while simultaneously providing a 10% exposure to Bitcoin via the Grayscale Bitcoin Trust (GBTC).

The fund provides operational simplicity for investors by actively managing rebalancing of the Bitcoin allocation as well as premium/discount dynamics of GBTC.  The ETF wrapper provides compelling efficiencies including transparency, liquidity, tax efficiency*, and no K-1’s.

Fund Overview

As of 07/30/2021

Ticker Symbol
SPBC
Gross Expense Ratio
0.50%
Net Expense Ratio
CUSIP
82889N848
Total Assets
$106,518,391.16
Shares Outstanding
4,050,001
Distribution Yield as of 07/30/2021
N/A
SEC 30-Day Yield as of 06/30/2021
0.64%
Unsubsidized 30-Day SEC Yield as of 06/30/2021
0.64%
Options Available
No
Inception Date
05/24/2021
Premium/Discount (%) as of 07/30/2021
0.25%
NAV
$26.30
NAV Per Share as of 07/30/2021
$26.30
Market Price as of 07/30/2021
$26.37
30-Day Median Bid-Ask Spread
0.34%
Bid/Ask
$26.29/$26.45
Midpoint Price
$26.37
Volume
6,105
NAV Symbol
SPBC.NV
IOPV Symbol
Shares Out. Symbol
SPBC.SO

Fund Performance

As of 06/30/2021 06/30/2021

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 2.10% 1.46%
Market Price 2.22% 1.62%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 1.46%
Market Price 1.62%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2020 2nd Quarter of 2021
Days Traded at Premium
N/A
23
Days Traded at Discount
N/A
3
Ticker Name Quantity Weight
IVV ISHARES S+P 500 INDEX FUND 205078 85.21%
GBTC GRAYSCALE BITCOIN TR BTC NPV 306127 10.03%
- S&P500 EMINI FUT Sep21 70 14.50%
- Net Cash -10325416 -9.74%