Armchair Insider

MAXI Simplify Bitcoin Strategy PLUS Income ETF

Switched to BITO and BTCI after the strategy expanded beyond bitcoin exposure.

Armchair historySoldJan 21, 2025

Date of the newsletter disclosure. Latest-year investment returns are separate from Armchair’s own trading results.

Hypothetical investment

Growth of $10,000

Dividends reinvested · no additional contributions

MAXI would be worth$36,713Available history · 5Y requested · as of Sep 21, 2026

S&P 500 (SPY)$22,809Same $10,000 · same dates

Total gain / loss+$26,713+267.1% total return

MAXIS&P 500 (SPY)

Sep 30, 2022 · $10,000 investedSep 21, 2026

The selected period exceeds this investment’s age; the chart shows its complete available trading history. Based on adjusted market prices through the latest available completed session, before personal taxes and trading costs.

Checking the latest completed session…

Market performance

Total return

Price movement plus reinvested distributions, compared with SPY.

+267.1% over available history

1 YEAR TOTAL RETURN-25.1%

Price-41.0%

Dividend+15.8%

Net loss; shares not shown.

Available history

3.9 YEARS TOTAL RETURN+267.1%Since inception+38.7% / yr annualized

Price13% of return+34.6%

Dividend87% of return+232.5%

Available history

Dividend includes all distributions and reinvestment.

Sep 30, 2022Sep 21, 2026

Total return+267.13%

S&P 500 (SPY)+128.09%

Annualized return+38.70%

Largest drawdown-68.78%

Original Armchair disclosure

Sold · Jan 21, 2025. Switched to BITO and BTCI after the strategy expanded beyond bitcoin exposure.

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Selection source Seeking Alpha comparison Price data