CBTY

📎 Investment Objective

The Calamos Bitcoin 80 Series Structured Alt Protection ETF seeks to provide exposure to the performance of Bitcoin, while also aiming to provide downside protection against significant Bitcoin price declines.

✨ Key Features

• Provides exposure to the Bitcoin market through a combination of Bitcoin futures and derivatives
• Aims to limit downside risk and provide protection against significant Bitcoin price declines
• Utilizes a structured options strategy to help manage volatility
• Actively managed fund with the potential for tactical adjustments to the portfolio

⚠️ Primary Risks

• Exposure to the volatile and speculative Bitcoin market
• Risks associated with the use of derivatives and structured products
• Potential for the fund's downside protection strategy to not be effective in all market conditions
• Active management risk, as the fund's performance depends on the investment decisions of the portfolio managers

👤 Best For

This ETF may be suitable for investors seeking exposure to the Bitcoin market with a degree of downside protection, and who have a higher risk tolerance and a longer-term investment horizon. Investors should be aware of the fund's complex investment strategy and the inherent risks associated with the Bitcoin and cryptocurrency markets.