Calamos will launch a Bitcoin ETF with 100% downside protection on January 22
Asset management company Calamos Investments is set to launch a Bitcoin exchange-traded fund (ETF) CBOJ with 100% downside protection. The fund mitigates the risk of Bitcoin price fluctuations by combining US Treasury bonds with options linked to the CBOE Bitcoin US ETF index. The CBOJ ETF will be listed on the Chicago Options Exchange on January 22, aiming to address the volatility issue of Bitcoin while providing growth potential.
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