Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) NASDAQ
48.38
-0.2948(-0.61%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
48.38
-0.2948(-0.61%)
Currency In USD
Address
54 W 21st Street, Suite 1007
New York, NY 10010
United States of America (the)
Phone
1-855-772-8488
Sector
Financial Services
Industry
Asset Management - Cryptocurrency
Employees
N/A
First IPO Date
May 25, 2021
The Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) seeks to provide capital appreciation by providing an efficient way for asset allocators to add Bitcoin exposure to portfolios. The fund targets a 100% investment in US equities while simultaneously providing a 10% exposure to Bitcoin via exchange traded products (including affiliated Bitcoin ETFs). The fund provides operational simplicity for investors by actively managing the rebalancing of the Bitcoin allocation. Rebalancing will generally occur quarterly but can rebalance more frequently to ensure the Bitcoin allocation does not exceed 25% of total assets.