Calamos is set to launch the world's first downside protected Bitcoin ETF suite, which includes two innovative ETFs: CBXJ, offering 90% protection, and CBTJ, providing 80% protection, both designed for a one-year outcome period.

These Calamos Protected Bitcoin ETFs aim to deliver upside exposure to Bitcoin prices while incorporating specific downside protection levels to safeguard investors.

Bitcoin has seen substantial growth, now ranking as the seventh largest asset globally, driven by increasing institutional demand.

Calamos highlights Bitcoin's potential as a strong portfolio diversifier, noting its low correlation with traditional assets, which appeals to a wider range of investors.

John Koudounis, President and CEO of Calamos, stated that this new suite continues their legacy of offering innovative, options-based investment solutions.

The ETF suite is specifically designed for investors who are interested in Bitcoin but wary of its notorious volatility and associated risks.

These ETFs operate as regulated investment companies, traded on regulated exchanges, ensuring compliance with SEC oversight and disclosure requirements.

Historically, Bitcoin's performance has been mixed, often outperforming traditional asset classes, but also experiencing significant periods of underperformance.

Calamos ETFs offer a lower risk custodial framework compared to direct Bitcoin investments, addressing concerns related to theft and mishandling.

The anticipated listing date for the previously announced 100% Protected Bitcoin ETF, known as CBOJ, is set for January 22, 2025.