Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

You Need a Buffer When Tapping Your Home Equity

August 29, 2025

Stocks making the biggest moves midday: WOOF, CELH, AFRM, CAT

August 29, 2025

Pulte posts new criminal referral, Fed’s Cook escalates suit

August 29, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Finance News»World’s first downside protected bitcoin ETF: Calamos’ new crypto fund
Finance News

World’s first downside protected bitcoin ETF: Calamos’ new crypto fund

January 24, 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
World’s first downside protected bitcoin ETF: Calamos’ new crypto fund
Share
Facebook Twitter LinkedIn Pinterest Email

A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing.

Calamos Investments launched the Calamos Bitcoin Structured Alt Protection ETF (CBOJ) on Wednesday. The firm brands it as “the world’s first downside protected bitcoin ETF.” It is built with risk-adverse investors in mind.

“You can get in all day long. Get that 100% protection. And then at the end of the day, we’re going to strike the cap,” the firm’s ETF head Matt Kaufman told CNBC’s “ETF Edge” this week.” Bitcoin is a volatile asset … we don’t want the price of bitcoin to move on you overnight.”

The firm launched the new bitcoin ETF on Wednesday. It coincides with a winning month for bitcoin. The cryptocurrency is up 10% as of late Thursday afternoon.

According to a Calamos press release, the fund provides access to bitcoin in a risk-controlled environment.

“Many investors have been hesitant to invest in bitcoin due to its epic volatility,” Kaufman said in the release. “Calamos seeks to meet advisor, institutional and investor demands for solutions that capture bitcoin’s growth potential while mitigating the historically high volatility and drawdowns of this fast-growing and high performing asset.”

Calamos has more crypto funds on deck. It is set to launch Calamos Bitcoin 90 Series Structured Alt Protection ETF (CBXJ) and Calamos Bitcoin 80 Series Structured Alt Protection ETF (CBTJ) on Feb. 4, according to the Calamos website.

‘You’re not going to see meme coin ETFs from Calamos’

Despite the firm’s appetite to offer cryptocurrency funds, Kaufman told “ETF Edge” there is one group Calamos will not consider.

See also  A Child IRA For Your Kids Or Grandkids

“You’re not going to see meme coin ETFs from Calamos. But the ability to access bitcoin in a way that meets your risk tolerance, that’s what we’re about,” Kaufman said.

Source link

Bitcoin Calamos crypto Downside ETF fund protected worlds
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleBank group agrees with Trump ‘diagnosis’ of debanking
Next Article Ways Not To Squander The Money

Related Posts

Stocks making the biggest moves midday: WOOF, CELH, AFRM, CAT

August 29, 2025

Global retirement systems compared for long-term security

August 29, 2025

About 78 percent of Americans say they’re uncomfortable investing in Bitcoin or other cryptocurrencies. Here’s why

August 29, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Private equity wants a larger piece of workplace retirement plan assets

March 16, 2025

Treasury CDFI Fund director resigns

July 22, 2025

Loan Programs and Mortgages for Different Property Types

February 24, 2025
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

You Need a Buffer When Tapping Your Home Equity

August 29, 2025

Stocks making the biggest moves midday: WOOF, CELH, AFRM, CAT

August 29, 2025

Pulte posts new criminal referral, Fed’s Cook escalates suit

August 29, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.