'World's first downside protected bitcoin ETF': Calamos unveils a safer way to play crypto

Published On Jan 23, 2025, 6:45 PM

Calamos Investments has launched the "Calamos Bitcoin Structured Alt Protection ETF" (CBOJ), touted as the world's first downside-protected Bitcoin ETF. This fund aims to provide investors with exposure to Bitcoin while mitigating its notorious volatility. As of now, Bitcoin has gained approximately 10% this month, providing context for the ETF's launch. The fund targets risk-averse investors who are interested in Bitcoin but concerned about price fluctuations. Calamos plans to introduce additional crypto funds in the near future.

Stock Forecasts

CBOJ

Positive

The introduction of this ETF could attract a new segment of investors who are interested in cryptocurrency but are wary of the volatility associated with Bitcoin. This could lead to a positive momentum for the fund as it may increase in demand among retirement accounts and traditional investors.

Related News