Home > Quick > Body

Calamos Submits Bitcoin "Buffer" ETF Application

clock
2024-05-15 04:36:24
On May 15, Bloomberg ETF analyst Eric Balchunas wrote that asset management firm Calamos submitted an application for a bitcoin "buffer" ETF, which will seek to provide 100% downside protection against bitcoin while using FLEX options to capture some of the upside. It is not clear whether the application is a spot type or a futures type.
Previously reported, on December 15, 2023, Bloomberg ETF analyst James Seyffart wrote that First Trust filed a Bitcoin "Buffer ETF" application with the Securities Exchange Commission (SEC). It is expected that other entrants to the space will adopt unique and differentiated strategies to provide Bitcoin exposure in the coming weeks.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.