- Calamos launches world’s first laddered protection ETFs for Bitcoin.
- Tiered downside protection offers varying levels of safety.
- Innovative approach aims to mitigate Bitcoin volatility for investors.
Calamos Investments has launched the world’s first laddered structured protection ETFs for Bitcoin, providing tiered downside protection and continuous exposure via regulated products, announced in October 2023.
These ETFs offer investors risk-managed Bitcoin exposure, appealing to those cautious of crypto volatility, with initial assets under management reaching approximately $2.4 million per ETF.
Calamos Investments has launched the first laddered structured protection ETFs specifically for Bitcoin. These products offer tiered downside protection at levels of 100%, 90%, and 80%. Investors maintain continuous exposure to Bitcoin via regulated, model portfolio-friendly ETFs.
Prominent figures involved are John Koudounis and Matt Kaufman. John Koudounis, President and CEO, emphasized mitigating Bitcoin’s high volatility through these structured ETF solutions, enhancing investor confidence, saying, “Bitcoin has earned its place as a portfolio allocation, but its volatility remains a barrier for many investors. Our laddered protection ETFs solve this by mapping to traditional risk levels, enabling meaningful bitcoin allocations within existing portfolio frameworks.” Matt Kaufman articulated the ease of integrating risk-managed Bitcoin strategies.
Initial reactions point to potential increased confidence among traditional investors towards Bitcoin allocations. The structured ETFs help demystify Bitcoin investment risks for conservative portfolios, promoting broader portfolio integrations.
The financial implications aim to stabilize Bitcoin’s volatility impact on portfolios. Calamos sets the initial NAV at $25 per ETF, with $2.4 million in Assets Under Management shortly after launch, underscoring strong initial interest. Investors can explore Calamos Bitcoin 90 Series Structured Alt Protection ETF Details or Calamos Bitcoin 80 Series Structured Alt Protection ETF Overview for more specific data on each series.
Calamos’s approach does not directly impact cryptocurrency networks, focusing on securities exchanges rather than blockchain functionality. This reduces operational complexities associated with digital asset management.
Industry watchers suggest these ETFs could become a catalyst for further developments in Bitcoin investment tools. The ETFs modeled after traditional equity products aim to stabilize portfolios during crypto volatility. These measures align with ongoing demand for controlled risk exposure.
