Introducing the Revolutionary CBOJ Bitcoin ETF by Calamos Investments
Key Highlights of the CBOJ Bitcoin ETF
- Calamos is launching a Bitcoin ETF named CBOJ in January with 100% downside protection.
- The ETF combines Treasury bonds and Bitcoin options to mitigate investment risks effectively.
- CBOJ offers annual protection resets and caps potential gains for enhanced risk management.
Calamos Investments is all set to unveil a groundbreaking Bitcoin exchange-traded fund (ETF) that offers unparalleled downside protection to investors.
Scheduled for release on the Chicago Board Options Exchange (CBOE) on January 22, the new ETF, known as CBOJ, aims to address the volatility associated with Bitcoin while providing opportunities for growth, as per a recent company announcement.
The Evolution from Calamos’ Structured Protection ETFs
Building on the success of Calamos’ Structured Protection ETF series introduced in 2024, CBOJ extends similar downside protection mechanisms to Bitcoin, catering to the needs of advisors, institutions, and investors seeking to leverage Bitcoin’s growth potential while managing its inherent volatility.
Historically known for its high volatility, Bitcoin often dissuades risk-averse investors. However, with the CBOJ ETF, investors can now safeguard their investments even during Bitcoin’s value decline.
Innovative Risk Management Strategies
The CBOJ ETF achieves downside protection by integrating US Treasury bonds with options linked to the CBOE Bitcoin US ETF Index, providing a transparent and regulated platform for exposure to Bitcoin with minimized risks.
Benefits of the CBOJ ETF
- Annual reset of downside protection for ongoing risk mitigation.
- Structured to align with the dynamic nature of the Bitcoin market.
- Allows investors to gain Bitcoin exposure without directly owning the cryptocurrency.
As the popularity of derivatives-based Bitcoin ETFs grows, industry experts anticipate more firms following Calamos’ footsteps in introducing similar risk-averse solutions for investors looking to navigate the volatile crypto market.
