Calamos Builds Bitcoin Safety Net With Laddered Protection ETFs
Posted On October 15, 2025
Calamos Investments has set a new precedent in the digital asset universe by issuing the first-of-its-kind laddered Bitcoin ETFs with structured downside protection. The new funds are:
- Calamos Laddered Bitcoin Structured Alt Protection ETF (BATS:CBOL) (100% protection)
- Calamos Laddered Bitcoin 90 Series Structured Alt Protection ETF (BATS:CBXL) (90% protection)
- Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (BATS:CBTL) (80% protection)
These funds, launched on Tuesday, are designed to give investors risk-managed exposure to Bitcoin, one of the cryptocurrency’s most enduring issues: volatility.
• CBOL shares are trading with typical volume. Follow the breaking news here.
Each of the ETFs is constructed through a “laddered” strategy, which is made …
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