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Simplify Bitcoin Strategy PLUS Income ETF (MAXI)

Digital Assets | Exchange Traded Fund | NasdaqGM
11.53 USD +0.52 (4.773%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 11.67 +0.17 (1.478%) ⇧ (April 17, 2026, 4:12 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★★★★★
Hot Take | April 19, 2026, 12:42 a.m. EDT

MAXI is a high-yield vehicle with a massive divergence between current price and implied risk floors; analysts view it as a tactical Bitcoin proxy, but the options market is screaming 'defensive,' with billions (symbolically) in puts acting as a crash floor far below the $11 price, while recent momentum has pushed price back above the 200-day trend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.339289
AutoARIMA0.339291
MSTL0.341247
AutoTheta0.355419

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 40%
H-stat 1.45
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 3.77
Attribute Value
Trailing P/E 33.35

As of April 19, 2026, 12:42 a.m. EDT: Options flow shows aggressive defensive positioning via deep ITM_put accumulation at $17 (June-Sept), suggesting hedging against a significant downside event rather than pure short betting. The extreme volume/OTM disparity (0 vol vs 225 OI) indicates a 'short gamma' floor is being established well below current prices. Conversely, out-of-the-money calls (strikes $12-$15, June-Sept) show steady but lower positioning, reflecting a slight upside bias but capped by the heavy protective put wall. Near-term OTM calls ($15) have revised OI upward, hinting at recent speculation in price upside. The put/call ratio is elevated due to the massive OI in the deep puts, skewing sentiment neutral-to-slightly bullish despite the hedging activity.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.68% 35.86% 49.74%
Dividend History
Date Dividend Yield %
2026-01-27 0.100 0.682827
2025-12-23 0.875 5.977987
2025-11-21 1.000 7.090959
2025-10-28 1.000 4.209238
2025-09-25 1.000 4.600194
2025-08-26 1.000 4.382877
2025-07-28 1.000 3.875309
2025-06-25 0.350 1.552440
2025-05-27 0.500 1.955128
2025-04-25 0.300 1.536255
2025-03-26 0.100 0.621503
2025-02-25 0.100 0.584728
2025-01-28 0.150 0.702377
2024-12-23 1.670 8.686696
2024-11-25 2.000 9.832032
2024-10-28 1.000 6.685414
2024-09-25 1.000 7.385128
2024-08-27 1.000 7.407116
2024-07-26 1.000 6.491047
2024-06-25 0.150 1.059590
2024-05-24 0.150 0.925189
2024-04-25 0.150 1.006885
2024-03-25 0.150 0.910520
2024-02-26 0.150 1.152254
2024-01-26 0.150 1.508790
2023-12-26 4.180 41.580821
2023-11-27 0.150 1.680296
2023-10-26 0.150 1.808900
2023-09-27 0.150 2.338890
2023-08-28 0.150 2.378825
2023-07-26 0.150 2.082771
2023-06-27 0.150 1.971697
2023-05-25 0.150 2.326678
2023-04-25 0.150 2.227237
2023-03-27 0.150 2.266651
2023-02-23 0.150 2.530498
2022-12-27 0.440 10.756872
2022-11-25 0.007 0.174480
2022-10-26 0.014 0.280023
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 69.28

Info Dump

Attribute Value
All Time High 36.34
All Time Low 9.2
Ask 14.48
Ask Size 2
Average Daily Volume10 Day 27,190
Average Daily Volume3 Month 40,180
Average Volume 40,180
Average Volume10Days 27,190
Beta3 Year 0.0
Bid 8.36
Bid Size 2
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 11.79
Day Low 11.17
Dividend Yield 69.28
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 10.20644
Fifty Day Average Change 1.3185596
Fifty Day Average Change Percent 0.12918898
Fifty Two Week Change Percent -47.61364
Fifty Two Week High 36.34
Fifty Two Week High Change -24.815
Fifty Two Week High Change Percent -0.6828564
Fifty Two Week Low 9.2
Fifty Two Week Low Change 2.3249998
Fifty Two Week Low Change Percent 0.25271738
Fifty Two Week Range 9.2 - 36.34
First Trade Date Milliseconds 1,664,544,600,000
Full Exchange Name NasdaqGM
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 PLUS Income ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1800965302
Nav Price 11.5584
Net Assets 29,620,420.0
Net Expense Ratio 1.0
Open 11.17
Phone 614-469-3294
Post Market Change 0.17000008
Post Market Change Percent 1.4782616
Post Market Price 11.67
Post Market Time 1,776,456,725
Previous Close 11.0
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.5249996
Regular Market Change Percent 4.7727237
Regular Market Day High 11.79
Regular Market Day Low 11.17
Regular Market Day Range 11.17 - 11.79
Regular Market Open 11.17
Regular Market Previous Close 11.0
Regular Market Price 11.525
Regular Market Time 1,776,456,000
Regular Market Volume 39,163
Short Name Simplify Bitcoin Strategy PLUS
Source Interval 15
Symbol MAXI
Three Year Average Return 0.1574671
Total Assets 29,620,420
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 33.35475
Trailing Peg Ratio None
Trailing Three Month Nav Returns -32.91416
Trailing Three Month Returns -32.91416
Triggerable 1
Two Hundred Day Average 20.5958
Two Hundred Day Average Change -9.070801
Two Hundred Day Average Change Percent -0.4404199
Type Disp ETF
Volume 39,163
Yield 0.6928
Ytd Return -32.91416