- Analysis
- Barani Krishnan
- 32
Simplify Exchange Traded Funds - Simplify US Equity PLUS Bitcoin Strategy ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. It invests in public equity and currency markets of the United States. For its equity portion, the fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. It uses derivatives such as futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, the fund invests through other funds in Bitcoin. The Fund gains exposure to cryptocurrencies through its wholly-owned subsidiary. It seeks to benchmark the performance of its portfolio against the S&P 500 Total Return Index. Simplify Exchange Traded Funds - Simplify US Equity PLUS Bitcoin Strategy ETF was formed on May 24, 2021 and is domiciled in the United States.