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Simplify Bitcoin Strategy ETF (MAXI)

Digital Assets | Exchange Traded Fund | NasdaqGM
13.33 USD -1.13 (-7.784%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 13.33 +0.00 (0.002%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 4:32 a.m. EDT

The Simplify Bitcoin Strategy ETF presents a classic case of a high-yield vehicle caught in a short-term correction. The headline 54.75% dividend yield is an anomaly driven by massive payouts relative to the current depressed share price, not a sustainable income stream; the payout ratio appears dangerously high given the recent price drop, making the yield unreliable for income investors. Fundamentally, the business is sound, having delivered double-digit growth over the last two years, but the recent price action has erased much of that gain. Technically, the stock is trading well below its 50-day and 200-day averages, indicating a clear downtrend that the statistical forecast models are also picking up for the immediate future. While the long-term thesis remains intact due to the asset's growth trajectory, the short-term outlook is bearish as the market digests the recent losses and the unsustainable dividend distribution. Investors should view this as a speculative recovery play rather than a stable income generator.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.133377
AutoETS0.139336
AutoTheta0.234853
AutoARIMA0.323241

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 20%
H-stat 20.49
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.72
Attribute Value
Trailing P/E 38.58

As of Aug. 22, 2026, 4:32 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes below the current price, particularly for September expiration. While there is some new call flow at the 11 strike, the overall sentiment is skewed toward downside protection, suggesting traders expect volatility or a pullback rather than a sustained rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.36% 24.30% 31.28%
Dividend History
Date Dividend Yield %
2026-08-26 0.050 0.361402
2026-07-28 0.030 0.334076
2026-06-25 0.080 0.955224
2026-05-26 0.100 0.923788
2026-04-27 0.100 0.891266
2026-01-27 0.100 0.682827
2025-12-23 0.875 5.936631
2025-11-21 1.000 6.637462
2025-10-28 1.000 3.690037
2025-09-25 1.000 3.890294
2025-08-26 1.000 3.576410
2025-07-28 1.000 3.052130
2025-06-25 0.350 1.186441
2025-05-27 0.500 1.476233
2025-04-25 0.300 1.142422
2025-03-26 0.100 0.456830
2025-02-25 0.100 0.427899
2025-01-28 0.150 0.511945
2024-12-23 1.670 6.299510
2024-11-25 2.000 6.724950
2024-10-28 1.000 4.299226
2024-09-25 1.000 4.545455
2024-08-27 1.000 4.364906
2024-07-26 1.000 3.668379
2024-06-25 0.150 0.576258
2024-05-24 0.150 0.500167
2024-04-25 0.150 0.541516
2024-03-25 0.150 0.487013
2024-02-26 0.150 0.612996
2024-01-26 0.150 0.797448
2023-12-26 4.180 21.794670
2023-11-27 0.150 0.727802
2023-10-26 0.150 0.778008
2023-09-27 0.150 0.998336
2023-08-28 0.150 1.005362
2023-07-26 0.150 0.871485
2023-06-27 0.150 0.817884
2023-05-25 0.150 0.957182
2023-04-25 0.150 0.907496
2023-03-27 0.150 0.915192
2023-02-23 0.150 1.012761
2022-12-27 0.440 4.261501
2022-11-25 0.007 0.066326
2022-10-26 0.014 0.106375
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 54.75

Info Dump

Attribute Value
All Time High 36.34
All Time Low 8.22
Ask 11.52
Ask Size 2
Average Daily Volume10 Day 48,390
Average Daily Volume3 Month 23,207
Average Volume 23,207
Average Volume10Days 48,390
Beta3 Year 0.0
Bid 6.42
Bid Size 2
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 14.31
Day Low 13.16
Dividend Yield 54.75
Eps Trailing Twelve Months 0.34552798
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.6461
Fifty Day Average Change 3.6836996
Fifty Day Average Change Percent 0.38188487
Fifty Two Week Change Percent -51.093338
Fifty Two Week High 32.28
Fifty Two Week High Change -18.9502
Fifty Two Week High Change Percent -0.587057
Fifty Two Week Low 8.22
Fifty Two Week Low Change 5.1097994
Fifty Two Week Low Change Percent 0.6216301
Fifty Two Week Range 8.22 - 32.28
First Trade Date Milliseconds 1,664,544,600,000
Full Exchange Name NasdaqGM
Fullday Change -1.1498995
Fullday Change Percent -7.955085
Fullday Price 13.33
Fund Family Simplify Asset Management
Fund Inception Date 1,664,409,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,022-09-30
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange-traded fund (an “ETF”). The fund’s adviser seeks to achieve its investment objective by using three strategies: (1) a Bitcoin strategy, (2) an income strategy, and (3) an option overlay strategy. Under normal market conditions, the adviser selects investments in Bitcoin related instruments so that the total value of economic Bitcoin exposure is approximately 50% to 200% of the net assets of the fund. It is non-diversified.
Long Name Simplify Bitcoin Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1800965302
Nav Price 14.4526
Net Assets 24,532,622.0
Net Expense Ratio 1.31
Open 14.26
Phone 614-469-3294
Post Market Change 0.0002002716
Post Market Change Percent 0.0015024352
Post Market Price 13.33
Post Market Time 1,787,959,806
Previous Close 14.4549
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.1251001
Regular Market Change Percent -7.783521
Regular Market Day High 14.31
Regular Market Day Low 13.16
Regular Market Day Range 13.16 - 14.31
Regular Market Open 14.26
Regular Market Previous Close 14.4549
Regular Market Price 13.3298
Regular Market Time 1,787,947,200
Regular Market Volume 25,269
Short Name Simplify Bitcoin Strategy ETF
Source Interval 15
Symbol MAXI
Three Year Average Return 0.32256907
Total Assets 24,532,622
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 38.57806
Trailing Peg Ratio None
Trailing Three Month Nav Returns -19.77687
Trailing Three Month Returns -19.77687
Triggerable 1
Two Hundred Day Average 11.753945
Two Hundred Day Average Change 1.5758543
Two Hundred Day Average Change Percent 0.13407025
Type Disp ETF
Volume 25,269
Yield 0.5475
Ytd Return -36.78227