Monday, December 5, 2022
HomeBTCSimplify launches innovative ETF-MAXI to offer bitcoin exposure to investors

Simplify launches innovative ETF-MAXI to offer bitcoin exposure to investors

On September 30, Simplify Asset Management (“Simplify”), an innovative Exchange Traded Funds (“ETFs”) provider, announces the launch of its newest ETF, the Simplify Bitcoin Strategy PLUS Income ETF (MAXI).


The first ETF, MAXI, was created to give investors exposure to bitcoin as well as the opportunity to make a profit by trading short-dated put or call spreads on the most liquid global equities indices.

The Fund intends to obtain 100% exposure to bitcoin by purchasing the front-month CME futures contract.

On the income side, a sophisticated option-writing algorithm dynamically chooses the option type, underlier, and strikes in an effort to produce appealing risk-adjusted returns.

Then, the second level of risk management aims to reduce the tail risks related to selling options.

Paul Kim, CEO & Cofounder of Simplify said, “We’re excited to be launching MAXI, enabling investors for the first time with a capital efficient approach to simultaneously obtain exposure to bitcoin while potentially adding considerable income to a portfolio.”

Paul further said, “Regardless of the route an investor chooses to take with bitcoin, MAXI can play a crucial role, since the Fund’s income component can help boost returns on the upside while simultaneously acting as a downside hedge by virtue of the “padding” such income may provide during potential drawdowns for bitcoin.”

The gross expense ratio for MAXI, which is listed on the Nasdaq, is 0.97%. 

The Fund is the second bitcoin-related product in the rapidly expanding Simplify ETF lineup and also joins the Simplify US Equity PLUS GBTC ETF (SPBC), which seeks a 100% investment in US stocks with a simultaneous 10% exposure to bitcoin through the Grayscale Bitcoin Trust (GBTC).

Simplify Managed Futures Strategy ETF (CTA), Simplify Interest Rate Hedge ETF (PFIX), one of the best-performing ETFs in any category as of the end of Q3 2022.

The Simplify Macro Strategy ETF (FIG), which is actively managed by renowned portfolio manager Michael Green, are other recent additions to the Simplify fund family.

Simplify Asset Management Inc. is a Registered Investment Adviser established in 2020 to provide advisers with a cutting-edge collection of options-based strategies to address the most pressing portfolio concerns.

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