5 Best Blockchain and Bitcoin ETFs

2. Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI)

Price Performance since Inception: 15.1%

Total Net Assets as of September 14, 2023: $21.31 million

Expense Ratio: 0.97%

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) is an actively managed fund providing exposure to Bitcoin through Bitcoin futures contracts. In addition, the fund generates income through the sale of call options on Bitcoin futures. The income from call option sales is distributed monthly to shareholders as dividends. Since April 2023, the ETF has been making a monthly distribution of 15 cents per share. Based on the current price, this translates into a healthy one-year forward distribution yield of 12.5%.