# MAXI (Simplify Bitcoin Strategy ETF)

Simplify · Crypto ETFs · data as of Oct 20, 2026

Over the year to Oct 20, 2026, MAXI lost 35.1%, against −25.6% for bitcoin.

## Key facts

- MAXI, total return, 1 year: −35.1%, as of Oct 20, 2026.
- MAXI, bitcoin over the same days: −25.6%, as of Oct 20, 2026.
- MAXI, difference against Bitcoin, compounded: −12.8%, as of Oct 20, 2026.
- MAXI, days it has traded: 1,017, as of Oct 20, 2026.
- MAXI, net assets: $35m (issuer page, as of Oct 19, 2026).
- MAXI, expense ratio: 1.31% (497 XBRL).

## MAXI over each window to Oct 20, 2026

| Window | Total return | Bitcoin | Difference, percentage points |
| --- | --- | --- | --- |
| 1 month | −3.0% | +1.6% | −4.6 pts |
| 3 months | +44.9% | +24.2% | +16.7% of its growth |
| 6 months | +35.1% | +10.0% | +22.8% of its growth |
| Year to date | +3.3% | −5.7% | +9.0 pts |
| 1 year | −35.1% | −25.6% | −12.8% of its growth |
| 3 years | +101.0% | +178.9% | −27.9% of its growth |
| Since launch | +203.9% | +323.6% | −28.3% of its growth |
| Since launch, annualised | +31.5% | – | – |

## MAXI key stats

- 52-week high, daily closes to Oct 20, 2026: $28.31 on Oct 27, 2025 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 20, 2026: $8.30 on Jun 30, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 20, 2026, within that range: $14.1251, 29% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sponsor | Simplify | ETFIQ |
| Holds | options on Bitcoin and funds holding Bitcoin | ETFIQ |
| Measured against | Bitcoin at 4pm New York, the coin it reaches | ETFIQ |
| ISHARES BITCOIN TRUST ETF SHS BEN INT | 69.8% of net assets | N-PORT, Jun 30, 2026 |
| Other security | 414.0% of net assets | N-PORT, Jun 30, 2026 |
| Derivatives | 0.9% of net assets | N-PORT, Jun 30, 2026 |
| Borrowed under a reverse repurchase agreement | −405.7% of net assets, the filing’s own figure | N-PORT, Jun 30, 2026 |
| Other assets less other liabilities | 20.9% of net assets, from the filing’s own totals | N-PORT, Jun 30, 2026 |
| Expense ratio | 1.31% | 497 XBRL |
| Net assets | $35m | issuer page, as of Oct 19, 2026 |
| Staking | the chain has none, so no fund holding it can pay a staking yield | ETFIQ |
| First traded | Sep 30, 2022 | ETFIQ |
| Days traded | 1,017 | ETFIQ |
| Days it closed unchanged | 6 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |
| Price | $14.1251 | ETFIQ |

## Money in and out, to Jun 30, 2026

Monthly figures only. Jun 2026: −$1.3m, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/maxi.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Does MAXI track Bitcoin?

Over the year to Oct 20, 2026 it returned −35.1% against Bitcoin’s −25.6%, which leaves it 12.8% behind once both returns are compounded. That difference carries the fee and what the strategy did, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.

### Does MAXI stake?

MAXI holds options on Bitcoin and funds holding Bitcoin rather than Bitcoin itself, so there is nothing for it to stake.

### What is MAXI?

Simplify Bitcoin Strategy ETF, a fund registered under the Investment Company Act that holds options on Bitcoin and funds holding Bitcoin to reach Bitcoin, from Simplify, first traded Sep 30, 2022. It files a monthly N-PORT listing what it holds.


## Cite this page

ETFIQ, MAXI, crypto ETFs, data as of Oct 20, 2026. https://etfiq.com/funds/maxi
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/maxi  ·  JSON: https://etfiq.com/funds/maxi.json