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Simplify adds options strategies to ETF products, shifting gold and Bitcoin towards income-generating assets.
According to reports, 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 seek returns. Although the current scale of these ETFs is still relatively small, analysts believe that as gold prices reach new highs and the adoption rate of Bitcoin continues to rise, gold and Bitcoin are no longer traditional safe-haven assets but are transitioning into revenue-generating investment assets.