The ETF Store President: Calamos will launch the first Bitcoin ETF that offers 100% downside protection
ChainCatcher news, The ETF Store President Nate Geraci stated on X: "Calamos will launch the first Bitcoin ETF CBOJ that offers 100% downside protection. If Bitcoin is held during the Outcome Period, full downside protection will be provided, but the upside is capped."It is reported that CBOJ is expected to be listed on CBOE on January 22, 2025. CBOJ will combine the use of U.S. Treasury bonds and options on the CBOE Bitcoin U.S. ETF Index. This actively managed ETF provides a regulated way to gain exposure to Bitcoin within a risk control framework.Previous news, asset management company Calamos submitted an application for a Bitcoin buffered ETF.