Simplify Files For Bitcoin Futures ETF

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The asset manager Simplify has just announced their filing with the SEC for the Bitcoin Strategy Risk-Managed Income ETF (MAXI), which intends to indirectly invest in Bitcoin through crypto futures, holding short-term U.S. Treasury securities, as well as ETFs that invest in U.S. Treasury securities. In the filing Simplify stated, “The core option overlay is a strategic exposure meant to partially hedge against Bitcoin futures declines and express convictions about price run ups or about specific Bitcoin-linked ETFs price movement.”

ETF Newz Says:

There is a good chance MAXI will see the light of day as the SEC have started to approve more and more Bitcoin futures ETFs.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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