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NASDAQ:MAXI

Simplify Bitcoin Strategy PLUS Income ETF (MAXI) Price, Holdings, & News

$29.00
-0.46 (-1.56%)
(As of 05/31/2024 ET)
Today's Range
$28.16
$29.79
50-Day Range
$24.10
$31.19
52-Week Range
$14.40
$32.41
Volume
15,005 shs
Average Volume
34,788 shs
Market Capitalization
$21.46 million
Assets Under Management
$21.73 million
Dividend Yield
17.10%
Net Expense Ratio
11.18%

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.

MAXI Stock Price History

MAXI ETF News Headlines

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Fund Details

Issuer
Simplify Asset Management
Fund Name
Simplify Bitcoin Strategy PLUS Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:MAXI
Inception Date
9/29/2022
Fund Manager
Paul Kim, David Berns, Michael Green
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
N/A
Category
Alternative Currency
Focus
Cryptocurrency
Development Level
Blended Development
Region
Global
Number of Holdings
21

Fund Statistics

Assets Under Management
$21.73 million
Average Daily Volume
$0.00
Discount/Premium
0.09%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Simplify Asset Management Inc.
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Financial Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1
Put Options
1
Call Options
6

Miscellaneous

Beta
-4.61
Creation Unit
10,000
Creation Fee
$500.00
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Simplify Bitcoin Strategy PLUS Income ETF Expenses

TypeMAXICryptocurrency ETFsMulti Asset ETFsNASDAQ ETFsAll ETFs
Management Fee0.85%0.75%0.69%0.48%0.51%
Other Expenses10.33%1.09%0.78%0.34%0.58%
Total Expense11.18%1.17%1.20%0.58%0.70%
Fee Waiver0.00%-0.23%-0.69%-0.22%-0.56%
Net Expense11.18%1.35%0.94%0.54%0.58%

Simplify Bitcoin Strategy PLUS Income ETF (MAXI) Holdings

Top 10 MAXI Holdings

  • CME Bitcoin Fut Jun24
    Holding Weight: 101.82%
  • B 07/05/24 Govt
    Holding Weight: 70.71%
  • B 08/13/24 Govt
    Holding Weight: 18.95%
  • Pathward Financial(NASDAQ:CASH)
    Holding Weight: 6.12%
  • B 06/25/24 Govt
    Holding Weight: 5.09%
  • NDXP US 06/12/24 P17150 Index
    Holding Weight: 0.14%
  • SPXW US 06/14/24 P4875 Index
    Holding Weight: 0.06%
  • ITB US 06/07/24 P96 Equity
    Holding Weight: 0.04%
  • IWM US 06/14/24 C223 Equity
    Holding Weight: 0.04%
  • ARKK US 06/14/24 C50 Equity
    Holding Weight: 0.01%

MAXI ETF - Frequently Asked Questions

How have MAXI shares performed in 2024?

Simplify Bitcoin Strategy PLUS Income ETF's stock was trading at $19.17 at the beginning of the year. Since then, MAXI stock has increased by 51.3% and is now trading at $29.00.
View the best growth stocks for 2024 here
.

Are investors shorting Simplify Bitcoin Strategy PLUS Income ETF?

Simplify Bitcoin Strategy PLUS Income ETF saw a decrease in short interest in May. As of May 15th, there was short interest totaling 600 shares, a decrease of 92.4% from the April 30th total of 7,900 shares. Based on an average trading volume of 22,800 shares, the short-interest ratio is currently 0.0 days.
View Simplify Bitcoin Strategy PLUS Income ETF's Short Interest
.

How often does Simplify Bitcoin Strategy PLUS Income ETF pay dividends? What is the dividend yield for Simplify Bitcoin Strategy PLUS Income ETF?

Simplify Bitcoin Strategy PLUS Income ETF declared a monthly dividend on Thursday, May 23rd. Investors of record on Tuesday, May 28th will be paid a dividend of $0.15 per share on Friday, May 31st. This represents a $1.80 annualized dividend and a yield of 6.21%. The ex-dividend date of this dividend is Friday, May 24th.
Read our dividend analysis for MAXI
.

What does MAXI invest in?

Simplify Bitcoin Strategy PLUS Income ETF is a multi asset fund issued by Simplify Asset Management. MAXI focuses on cryptocurrency investments. The fund's investments total to approximately $21.73 million assets under management.

What is the management fee for Simplify Bitcoin Strategy PLUS Income ETF?

Simplify Bitcoin Strategy PLUS Income ETF's management fee is 0.85% and has other expenses of 10.33%. The net expense ratio for MAXI is 11.18%.

Who are Simplify Bitcoin Strategy PLUS Income ETF's major shareholders?

Simplify Bitcoin Strategy PLUS Income ETF's stock is owned by a number of institutional and retail investors. Top institutional investors include Cambridge Advisors Inc. (1.57%) and Torno Capital LLC (0.00%).

How do I buy shares of Simplify Bitcoin Strategy PLUS Income ETF?

Shares of MAXI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MAXI) was last updated on 6/1/2024 by MarketBeat.com Staff

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