The Calamos Bitcoin Structured Alt Protection ETF offers investors a unique approach to bitcoin exposure, promising 100% downside protection while capping annual returns at nearly 11%. The fund combines low-risk investments with bitcoin-linked options. It ensures no losses for its initial backers over a year, albeit with limited upside. Bitcoin has experienced 23 single-day gains exceeding the ETF’s cap since 2016, with an average annual volatility of 86%. The fund’s potential zero or negative returns—coupled with fees—may render it less appealing than holding cash.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Talmos Bitcoin Structured Alt Protection ETF offers investors a unique approach to Bitcoin
00:08exposure, promising 100% downside protection while capping annual returns nearly at 11%.
00:14The fund combines low-risk investments with Bitcoin lease options,
00:17and ensures no losses for its internal backers over a year, albeit with limited upside.
00:21Bitcoin has experienced 23 single-day gains exceeding the EFT's cap since 2016,
00:26with an average annual volatility of 86%.
00:29Coupled with fees may render it less appealing than holding cash.