John Koudounis, President and CEO of Calamos, announces the successful launch and attractive cap rates of its second series of Bitcoin Protection ETFs offering upside growth potential with a range of downside protection levels over a one year outcome period. He said, “Market volatility serves as a reminder of the importance of risk management and downside protection. Today is an ideal time to provide investors with our latest series of Bitcoin Protection ETFS, enabling investors to remain confidently invested while mitigating the potential of bitcoin drawdowns.”
Following their launch yesterday, April 7, the fund’s initial cap rates were determined as follows:
CBOA with 100% downside protection and an initial cap rate of 10.98%
CBXA with 90% downside protection and an initial cap rate of 29.43%
CBTA with 80% downside protection and an initial cap rate of 51.76%
By offering 100%, 90% and 80% downside protection levels, Calamos is bridging the gap between traditional finance and digital assets, allowing investors to participate in bitcoin’s potential while maintaining defined risk parameters. The April series comes on the heels of Calamos introducing the industry’s first-ever Protected Bitcoin ETFs earlier this year. Despite Bitcoin experiencing downward price pressure recently, Calamos’ inaugural bitcoin protected offerings have demonstrated the resilience intended by their design.
Bitcoin Protection ETFs April Series
Calamos’ Protected Bitcoin ETFs are built upon the success of the firm’s Structured Protection ETF series, launched in 2024, the industry’s most comprehensive suite of 100% downside protection strategies on the S&P 500®, Nasdaq-100®, and Russell 2000®. Within this proven approach, investors can now select from a range of indices, protection levels and outcome periods that align with their investment objectives and risk tolerance.
