SPBC

Simplify Exchange Traded Funds Simplify US Equity PLUS Bitcoin Strategy ETF

$44.28
+0.00%
Market closed. Last update: 4:19 AM ET

📎 Investment Objective

The Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) seeks to provide investment exposure to both the U.S. equity market and the price of Bitcoin.

Overview

ETF tracking Simplify Exchange Traded Funds Simplify US Equity PLUS Bitcoin Strategy ETF

Category Crypto
Issuer Other
Inception Date 2021-05-24
Market Cap $77.5M
Average Volume N/A
Dividend Yield 0.86%
52-Week Range $32.08 - $46.16
VWAP $44.42

Performance

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Investment Summary

📎 Investment Objective

The Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) seeks to provide investment exposure to both the U.S. equity market and the price of Bitcoin.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. equities and also holds Bitcoin futures contracts to provide exposure to the cryptocurrency. The equity allocation aims to track the performance of the broader U.S. stock market, while the Bitcoin component seeks to provide additional diversification and potential upside from the cryptocurrency's price movements.

✨ Key Features

  • Provides exposure to both the U.S. equity market and Bitcoin through a single fund
  • Utilizes Bitcoin futures contracts to gain cryptocurrency exposure
  • Aims to offer diversification benefits by combining traditional stocks and digital assets
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Cryptocurrency risk: Bitcoin and other digital assets are highly volatile and speculative investments
  • Futures risk: The use of futures contracts can increase the fund's volatility and exposure to potential losses
  • Equity market risk: The fund's equity holdings are subject to the risks of the broader U.S. stock market
  • Limited track record: As a new fund, SPBC has a limited performance history for investors to evaluate

👤 Best For

SPBC may be suitable for investors seeking exposure to both the U.S. equity market and the potential upside of Bitcoin, and who have a higher risk tolerance to accommodate the volatility associated with cryptocurrency investments. However, due to the fund's limited history, it may be more appropriate for experienced investors who can thoroughly assess the risks and potential rewards.