CBTJ

Calamos Bitcoin 80 Series Structured Alt Protection ETF - January

$24.44
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Calamos Bitcoin 80 Series Structured Alt Protection ETF (CBTJ) seeks to provide investment exposure to the performance of Bitcoin, while also aiming to limit downside risk through the use of options-based strategies.

Overview

ETF tracking Calamos Bitcoin 80 Series Structured Alt Protection ETF - January

Category Crypto
Issuer Other
Inception Date 2025-02-04
Market Cap $41.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $22.66 - $30.39
VWAP $24.86

Performance

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Investment Summary

📎 Investment Objective

The Calamos Bitcoin 80 Series Structured Alt Protection ETF (CBTJ) seeks to provide investment exposure to the performance of Bitcoin, while also aiming to limit downside risk through the use of options-based strategies.

🎯 Investment Strategy

The fund invests primarily in Bitcoin futures contracts and other Bitcoin-linked instruments, while also utilizing options-based strategies to potentially limit downside exposure. The options-based overlay is designed to provide a level of protection against significant Bitcoin price declines.

✨ Key Features

  • Provides exposure to the performance of Bitcoin through futures and other instruments
  • Utilizes options-based strategies to potentially limit downside risk
  • Aims to offer a level of protection against significant Bitcoin price declines
  • Actively managed fund with the potential for tactical adjustments to the portfolio

⚠️ Primary Risks

  • Exposure to the volatile and speculative cryptocurrency market
  • Potential for the options-based strategies to not provide the expected level of downside protection
  • Counterparty risk associated with the use of derivatives and futures contracts
  • Liquidity risk, as the fund may have difficulty buying or selling certain investments

👤 Best For

This ETF may be suitable for investors seeking exposure to Bitcoin with a level of downside protection, and who have a higher risk tolerance and longer investment horizon to potentially weather the volatility of the cryptocurrency market.