Key stats
About Simplify Bitcoin Strategy PLUS Income ETF
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Inception date
Sep 29, 2022
Structure
Open-Ended Fund
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.
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
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund56.06%
Government38.63%
Rights & Warrants5.40%
Cash−0.09%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MAXI last dividends amounted to 0.30 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 66.67% increase.
MAXI assets under management is 55.84 M USD. It's risen 44.96% over the last month.
MAXI fund flows account for 29.15 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MAXI pays dividends to its holders with the dividend yield of 24.73%. The last dividend (Apr 30, 2025) amounted to 0.30 USD. The dividends are paid monthly.
MAXI shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Sep 29, 2022, and its management style is Active.
MAXI expense ratio is 6.10% meaning you'd have to pay 6.10% of your investment to help manage the fund.
MAXI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAXI invests in funds.
MAXI price has risen by 56.20% over the last month, and its yearly performance shows a 15.97% increase. See more dynamics on MAXI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 59.92% over the last month, showed a 28.93% increase in three-month performance and has increased by 60.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 59.92% over the last month, showed a 28.93% increase in three-month performance and has increased by 60.26% in a year.
MAXI trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.