Calamos Investments is launching a new fund, the Calamos Bitcoin Structured Alt Protection ETF (CBOJ), aimed at offering 100% downside protection for investors interested in Bitcoin. Set to debut on January 22, this ETF targets those cautious about the risks of Bitcoin investing but eager to participate in its growth potential. By providing downside protection, investors can engage in the crypto space more conservatively. The fund is expected to blend well with other investment strategies, helping advisors guide clients while preserving their wealth. With significant Market interest, this offering may attract those previously hesitant to invest in cryptocurrencies.
Calamos Investments Launches New ETF Focusing on Bitcoin with Downside Protection
Calamos Investments is shaking up the investment landscape with the upcoming launch of its new Calamos Bitcoin Structured Alt Protection ETF (CBOJ). Set to debut later this month, this innovative fund aims to cater to investors interested in Bitcoin while providing a safety net through 100% downside protection.
The CBOJ ETF builds on Calamos’s existing suite of exchange-traded funds that already offer downside protection on well-known indexes like the S&P 500, Russell 2000, and Nasdaq. Since last May, these buffered strategies have attracted over $500 million in investments, indicating a growing demand for protective investment options.
According to Matt Kaufman, head of ETFs at Calamos, many investors have been intrigued by Bitcoin but hesitant due to its volatility. This new ETF allows them to explore Bitcoin investing while preserving some of their wealth. The downside protection comes at a cost of a 0.68% expense ratio and includes a cap on potential gains, which could be approximately 10% over a year.
Financial advisors view the CBOJ ETF as a way to gently guide clients into the cryptocurrency Market. By pairing the downside protection with a Bitcoin spot ETF, investors can potentially enhance their upside while minimizing risks.
This venture highlights a significant shift in the investment world, with increased interest in cryptocurrency. The planned strategies will also offer a range of downside protections, limiting losses to levels of 10% and 20%.
For those looking to diversify their portfolios into cryptocurrency, particularly in a cautious manner, this offering from Calamos may just be the perfect solution.
Tags: Bitcoin, Calamos Investments, ETF, Downside Protection, Cryptocurrency Investing, Financial Advisors
What is the Bitcoin Buffer ETF by Calamos?
The Bitcoin Buffer ETF is a new investment fund that aims to offer protection against Bitcoin’s price swings while still allowing investors to benefit from its potential growth.
How does this ETF provide protection?
The ETF uses a innovative strategy that limits losses if Bitcoin prices drop. It offers a buffer that helps shield investors from major price declines.
Who might benefit from the Bitcoin Buffer ETF?
This ETF is suited for investors who want exposure to Bitcoin but are worried about the risk. It’s a good option for those looking for a safer way to invest in cryptocurrency.
What are the fees associated with this ETF?
Like other ETFs, there are management fees and possibly other costs. It’s important to check the fund’s details for specific fee information.
Where can I invest in the Bitcoin Buffer ETF?
You can invest in the Bitcoin Buffer ETF through most brokerage accounts. Just ensure your broker offers access to ETFs for a smooth investment process.