Calamos Bitcoin Structured Alt Protection ETF — 80% (CBTJ)
Funds & ETFs
CBTJ is a Bitcoin structured protection ETF from Calamos Investments offering 80% downside protection over a 12-month outcome period, launched February 4, 2025. It uses Bitcoin options to buffer up to 80% of losses while offering the highest upside cap of the Calamos Bitcoin protection suite (initial cap: ~51.5%). CBTJ trades on Cboe BZX and gives investors a balance between meaningful downside protection and significant Bitcoin upside participation.
Details
- Type
- Bitcoin Structured Protection ETF
- Issuer
- Calamos Investments
- Ticker
- CBTJ
- Exchange
- Cboe BZX
- Fund Type
- structured_protection_etf
- Derivatives
- Yes
- Expense Ratio
- 0.69%
- Inception Date
- 2025-02-04
- Outcome Period
- 12 months
- Physically Backed
- No
- Downside Protection
- 80%
Links
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