Calamos CEO Signals Bullish Outlook on Bitcoin as $45B Firm Launches Downside-Protected ETFs

Calamos Bitcoin Structured Protection ETFs are annual-reset funds offering defined downside protection (100%, 90%, 80%) and capped upside to provide risk-managed exposure to Bitcoin for institutional and retail investors seeking controlled participation in crypto ￰0￱ ETFs launched (CBOO, CBXO, CBTO) with tiered downside ￰1￱ resets set new upside caps and refresh protection each 12-month ￰2￱ manages $45 billion in assets and positions these ETFs to bridge traditional finance and digital ￰3￱ Bitcoin Structured Protection ETFs: defined downside protection and capped upside—learn how each fund balances risk and ￰4￱ more on ￰5￱ CEO John Koudounis says he’s bullish on Bitcoin as the $45B firm launches new ETFs offering downside ￰6￱ CEO John Koudounis remains bullish on Bitcoin, citing growing institutional confidence in digital ￰7￱ firm launched three Bitcoin Structured Alt Protection ETFs with downside protection and capped upside ￰8￱ by Eli Pars, the ETFs aim to bridge traditional finance and crypto through structured, risk managed ￰9￱ Investments CEO John Koudounis has reiterated a bullish stance on Bitcoin while unveiling a suite of structured ETFs designed to limit downside ￰10￱ global investment firm, which manages approximately $45 billion in assets, introduced three Bitcoin Structured Alt Protection ETFs that combine capital protection levels with capped participation in Bitcoin’s ￰11￱ launch represents a notable product innovation as traditional asset managers develop mechanisms to offer crypto exposure with clearer risk ￰12￱ are the Calamos Bitcoin Structured Protection ETFs?

The Calamos Bitcoin Structured Protection ETFs (CBOO, CBXO, CBTO) are annual-reset funds that provide defined downside protection levels—100%, 90%, and 80%—while offering investors capped upside participation in ￰13￱ ETF resets every 12 months to establish a new upside cap and protection ￰14￱ do the protection levels and cap rates differ? Calamos disclosed that CBOO offers full downside protection with an initial cap rate of 8.47%. CBXO provides 90% protection with a 23.43% cap, and CBTO provides 80% protection with a 41.62% ￰15￱ caps determine the maximum upside an investor can receive for the covered period and are intended to balance return potential with volatility ￰16￱ are institutional managers introducing structured Bitcoin products?

Institutional interest in Bitcoin continues to grow as managers seek scalable, regulated ways to access digital assets. Calamos’ offering demonstrates a trend: firms are crafting instruments that mimic structured finance techniques to make crypto exposure compatible with fiduciary risk ￰17￱ addresses volatility concerns and aligns with institutional portfolio ￰18￱ manages the funds and what is the investment process? The ETFs are managed by Co-Chief Investment Officer Eli Pars and the Calamos Alternatives ￰19￱ strategy uses a combination of Bitcoin-linked derivatives and structured option overlays to deliver the stated protection and cap features, with monthly entry points and annual resets to rebalance exposure and protection ￰20￱ did Calamos launch these ETFs and what does it mean for investors?

Calamos launched the three funds on October 8, ￰21￱ investors, the suite offers tiered choices depending on risk tolerance: full protection at lower upside, or higher upside with reduced ￰22￱ options broaden access to Bitcoin exposure without requiring direct custody of the asset. , "description": "Calamos introduces three Bitcoin Structured Protection ETFs (CBOO, CBXO, CBTO) with tiered downside protection and capped upside to provide risk-managed Bitcoin exposure." , "totalTime": "PT1H" , Frequently Asked Questions Are these ETFs suitable for conservative investors? Yes—CBOO’s 100% downside protection is designed for conservative investors wanting principal protection while retaining limited upside to ￰23￱ should review cap rates and fund mechanics before ￰24￱ do annual resets affect returns?

Annual resets establish new caps and protection for each 12-month cycle, which can limit multi-year upside but provide refreshed downside coverage ￰25￱ structure can benefit investors seeking periodic re-evaluation of ￰26￱ Takeaways Structured exposure: Calamos offers defined downside protection tiers (100%, 90%, 80%) to manage Bitcoin ￰27￱ reset mechanics: Upside caps reset each year, balancing return potential and risk ￰28￱ bridge: The ETFs signal growing institutional adoption by packaging crypto exposure in familiar, regulated fund ￰29￱ Calamos’ Bitcoin Structured Protection ETFs provide a tailored approach to crypto exposure, combining downside protection with capped upside and annual resets to meet varied risk ￰30￱ products reflect a broader institutional shift toward structured solutions for digital ￰31￱ full fund details and disclosures, refer to Calamos Investments press release and ￰32￱ coverage.