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Simplify to Add Options Strategy to its Gold and Bitcoin ETF

BlockBeats News, September 26th, 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. Although the scale of these ETFs is still relatively small, analysts believe that as the price of gold hits new highs and bitcoin adoption continues to grow, gold and bitcoin are no longer traditional "safe haven" assets but are transitioning into investment-type assets aimed at generating returns.

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