Simplify Bitcoin Strategy PLUS Income ETFSimplify Bitcoin Strategy PLUS Income ETFSimplify Bitcoin Strategy PLUS Income ETF

Simplify Bitcoin Strategy PLUS Income ETF

No trades
Buy MAXI

Key stats


Assets under management (AUM)
‪27.61 M‬USD
Fund flows (1Y)
‪366.23 K‬USD
Dividend yield (indicated)
34.49%
Discount/Premium to NAV
−0.7%

About Simplify Bitcoin Strategy PLUS Income ETF


Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Expense ratio
11.18%
Home page
Inception date
Sep 29, 2022
Index tracked
No Underlying Index
Management style
Active
MAXI pursues three distinct strategies: long exposure to Bitcoin futures, collateral management via short-term debt securities, and income generation through active option overlay strategies. The funds adviser allocates the total economic value of Bitcoin exposure to be 100% of the funds net assets. A Cayman Island subsidiary is used to hold Bitcoin futures. High-quality, short-term US Treasury securities, or similar ETF exposure, serves as collateral for the futures positions. Reverse repurchase agreements may be entered into to potentially increase income. In addition, up to 20% of the funds assets will be used in option overlay strategies. The core of the option strategies consists of writing exchange-traded put and call option spreads on securities, index futures, or ETFs that the funds adviser believes to be sufficiently correlated to Bitcoin futures. Generally, the option spreads selected are close to expiration and positions are actively traded.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund52.07%
Government47.33%
Cash0.91%
Rights & Warrants−0.31%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.