Simplify Gives Advisors a New Option For Bitcoin Exposure

28 Jul 2021, 00:40 · Views 168

Advisors looking to add Bitcoin to their clients’ portfolios can now do so easily with a new exchange-traded fund that offers exposure to U.S. stocks alongside an allocation to the cryptocurrency.

The Simplify U.S. Equity PLUS GBTC ETF (ticker: SPBC) has a 100% exposure to U.S. equities by using a combination of low-cost ETFs that primarily invest in stocks and exchange-traded futures contracts一mainly the S&P 500, says Michael Green, noted Bitcoin skeptic and Simplify chief strategist, in a phone call with Barron’s Advisor....

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Simplify Gives Advisors a New Option For Bitcoin Exposure

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