Simplify adds options strategy to its gold and bitcoin ETFs

ChainCatcher news, according to 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 order to seek returns. Although the current scale of these ETFs is still relatively small, 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 transitioning into revenue-generating investment assets.