Simplify adds options strategies to its gold and bitcoin ETFs
According to ChainCatcher, citing CNBC, asset management company Simplify has added options strategies to its ETF products YGLD and MAXI, which provide exposure to gold and bitcoin futures, in an effort to generate returns. Although these ETFs are still relatively small in scale, analysts believe that as gold prices reach new highs and bitcoin adoption continues to grow, gold and bitcoin are no longer traditional "safe haven" assets but are transforming into income-generating investment assets.
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