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Simplify Bitcoin Strategy PLUS Income ETF MAXI

Simplify Exchange Traded Funds - Simplify Bitcoin Strategy PLUS Income ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. It invests in fixed income and currency markets of the United States. The fund invests directly, through derivatives and through other funds to create its portfolio. It uses derivatives such as futures, swaps and options to create its portfolio. For its fixed income portion, the fund invests in U.S. Treasury securities and unaffiliated ETFs that investment primarily in U.S. Treasury securities. For its currency portion, it invests, directly, through derivatives and through other funds in bitcoin. It invests in currency swaps, option and futures contracts through its wholly-owned Cayman Islands subsidiary. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index and the Nasdaq Bitcoin Reference Price Index. Simplify Exchange Traded Funds - Simplify Bitcoin Strategy PLUS Income ETF was formed on Septe...


NDAQ:MAXI - Post by User

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  • MaterialsManX
Post by MaterialsManon Jul 26, 2023 2:30pm
136 Views
Post# 35558139

Relatively new product

Relatively new productNot sure why these Bitcoin futures ETF's are not creating more of a stir.
They have a double digit yield, which is pretty unusual for an investment of this type.
Unfortunately the info in the quote section doesn't itemize that item. It takes a little digging to find out what's going on. Also, the price of the ETF does not appear as volatile as bitcoin itself.
I can't seem to find a reason not to invest in this type of a security.

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