Simplify Bitcoin Strategy PLUS Income ETF
MAXI·NASDAQ
--
--(--)
--
--(--)
Key Stats
Assets Under Management
34.21MUSD
Fund Flow (1Y)
21.46MUSD
Dividend Yield
27.18%
Discount / Premium to NAV
0.03%
Shares Outstanding
2.59M
Expense Ratio
1.31%
About Simplify Bitcoin Strategy PLUS Income ETF
Issuer
Simplify Asset Management Inc.
Brand
Simplify
Inception Date
Sep 29, 2022
Structure
Open-Ended Fund
ISIN
US82889N6739
CFI Code
CEOILS
Index Tracked
--
Replication Strategy
--
Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Simplify Asset Management, Inc.
Distributor
--
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 fund's adviser allocates the total economic value of Bitcoin exposure to be 100% of the fund's 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 fund's 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 fund's 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 BTC, Short USD
Niche
Derivative
Strategy
Active
Geography
--
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Asset
Holdings
Symbol
Ratio
CME Bitcoin Fut Sep26
56.47%
IBIT
iShares Bitcoin Trust ETF
47.67%
B 10/27/26 Govt
26.19%
B 11/19/26 Govt
11.61%
Cash
6.07%
Symbol
Ratio
IBIT US 09/18/26 C40 Equity
3.96%
IBIT US 10/16/26 C40 Equity
2.13%
IBIT US 10/16/26 C41 Equity
1.47%
IBIT US 09/11/26 C42 Equity
0.57%
IBIT US 11/20/26 C50 Equity
0.39%
Top 10 Weight 156.53%
15 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
Technicals
Related News
No articles available
FAQ
What is an ETF?
What is MAXI price?
How is MAXI performing?
What are the recent fund flows for MAXI?
What is MAXI expense ratio?
Is MAXI leveraged?
Should I buy or sell MAXI?
How much does MAXI pay in dividends?
Are MAXI dividends growing?