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Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC)

Digital Assets | Exchange Traded Fund | NasdaqGM
45.96 USD +0.89 (1.981%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 45.96 -0.06 (-0.056%) ⇩ (April 17, 2026, 4:10 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 18, 2026, 11:07 p.m. EDT

A liquidity-strangled asset with a bullish technical breakout. Despite the massive, albeit irregular, jump in dividends (8x-180x increases) which likely fuels the long-term hold thesis for complex strategy exposure, the extremely low volume (2,888 vs 7,067 avg) and stagnant options market make it an illiquid, high-friction trade. Technically, it broke out of a tight range (trading near 52-week highs), and with zero short-term directional noise from options, the price movement is driven purely by fundamental re-ratios and ETF inflows rather than pure speculation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.062665
AutoETS0.081311
AutoARIMA0.081509
MSTL0.081710

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 48%
H-stat 4.81
Ljung-Box p 0.000
Jarque-Bera p 0.588
Excess Kurtosis -0.33
Attribute Value
Trailing P/E 28.49

As of April 18, 2026, 11:07 p.m. EDT: Extreme option illiquidity and minimal positioning. ATM Implied Volatility is low (35-38%); Open Interest (OI) and volume are negligible (0-1 contracts per strike). No detected unusual flow or speculative positioning in either calls or puts. The data suggests no convexity play or hedging activity by retail/institutional speculators, rendering the options data uninformative regarding near-term direction beyond the low confirmed premium priced into the few available contracts.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.24% 0.94% 1.03%
Dividend History
Date Dividend Yield %
2026-03-26 0.100 0.242272
2025-12-23 0.100 0.222231
2025-09-25 0.100 0.227874
2025-06-25 0.100 0.247448
2025-03-26 0.080 0.216923
2024-12-23 0.100 0.257363
2024-09-25 0.080 0.224502
2024-06-25 0.100 0.294182
2024-03-25 0.100 0.302188
2023-09-27 0.100 0.431370
2023-06-27 0.100 0.416477
2023-03-27 0.877 4.147266
2022-06-27 0.102 0.516066
2022-03-28 0.018 0.071929
2021-12-27 0.418 1.577775
2021-09-27 0.012 0.049531
2021-06-28 0.044 0.190560
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.96

Info Dump

Attribute Value
All Time High 46.279
All Time Low 19.11
Ask 46.06
Ask Size 12
Average Daily Volume10 Day 2,930
Average Daily Volume3 Month 7,000
Average Volume 7,000
Average Volume10Days 2,930
Beta3 Year 0.0
Bid 32.89
Bid Size 2
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 46.08
Day Low 45.92
Dividend Yield 0.96
Eps Trailing Twelve Months 1.6135523
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 43.26338
Fifty Day Average Change 2.699421
Fifty Day Average Change Percent 0.062395055
Fifty Two Week Change Percent 35.944984
Fifty Two Week High 46.279
Fifty Two Week High Change -0.31620026
Fifty Two Week High Change Percent -0.006832478
Fifty Two Week Low 33.48
Fifty Two Week Low Change 12.4828
Fifty Two Week Low Change Percent 0.37284347
Fifty Two Week Range 33.48 - 46.279
First Trade Date Milliseconds 1,621,949,400,000
Full Exchange Name NasdaqGM
Fund Family Simplify Asset Management
Fund Inception Date 1,621,814,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,021-05-24
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies and, exchange-traded products with direct exposure to Bitcoin (“Bitcoin ETPs”), and exchange-traded funds with indirect exposure to Bitcoin through Bitcoin futures options,swaps,or other derivative instruments (“Bitcoin ETFs”).
Long Name Simplify US Equity PLUS Bitcoin Strategy ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_710536054
Nav Price 46.0159
Net Assets 40,568,444.0
Net Expense Ratio 0.54
Open 45.93
Phone 614-469-3294
Post Market Change -0.056201935
Post Market Change Percent -0.122127675
Post Market Price 45.9628
Post Market Time 1,776,456,605
Previous Close 45.0701
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.8927002
Regular Market Change Percent 1.9806927
Regular Market Day High 46.08
Regular Market Day Low 45.92
Regular Market Day Range 45.92 - 46.08
Regular Market Open 45.93
Regular Market Previous Close 45.0701
Regular Market Price 45.9628
Regular Market Time 1,776,456,000
Regular Market Volume 2,888
Short Name Simplify US Equity PLUS Bitcoin
Source Interval 15
Symbol SPBC
Three Year Average Return 0.27110648
Total Assets 40,568,444
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 28.485472
Trailing Peg Ratio None
Trailing Three Month Nav Returns -6.77043
Trailing Three Month Returns -6.77043
Triggerable 1
Two Hundred Day Average 43.97038
Two Hundred Day Average Change 1.9924202
Two Hundred Day Average Change Percent 0.04531278
Type Disp ETF
Volume 2,888
Yield 0.0095999995
Ytd Return -6.77043