CBOJ
Calamos Bitcoin Structured Alt Protection ETF - January
📎 Investment Objective
The Calamos Bitcoin Structured Alt Protection ETF (CBOJ) seeks to provide exposure to the price movements of Bitcoin while aiming to mitigate downside risk through the use of options-based strategies.
Overview
ETF tracking Calamos Bitcoin Structured Alt Protection ETF - January
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calamos Bitcoin Structured Alt Protection ETF (CBOJ) seeks to provide exposure to the price movements of Bitcoin while aiming to mitigate downside risk through the use of options-based strategies.
🎯 Investment Strategy
CBOJ invests primarily in Bitcoin futures contracts and options on Bitcoin futures to gain exposure to the cryptocurrency. The fund also utilizes options-based strategies, such as put options, to help protect against significant declines in the price of Bitcoin.
✨ Key Features
- Provides exposure to the price movements of Bitcoin
- Aims to mitigate downside risk through the use of options-based strategies
- Utilizes Bitcoin futures contracts and options on Bitcoin futures
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Cryptocurrency and Bitcoin-related risks, including high volatility and potential for significant losses
- Risks associated with the use of derivatives, such as options, including the potential for losses and counterparty risk
- Liquidity risks, as the Bitcoin futures and options markets may have limited liquidity
- Regulatory risks, as the cryptocurrency market is subject to evolving regulations
👤 Best For
CBOJ may be suitable for investors seeking exposure to Bitcoin with the potential for downside protection, but who have a high risk tolerance and understand the unique risks associated with cryptocurrency investments. This fund may be most appropriate for experienced investors as part of a diversified portfolio.