Calamos Reports Inflows in Protected Bitcoin ETFs Amid Market Challenges
- Calamos has attracted approximately $10 million to $15 million in inflows for its protected Bitcoin ETFs over recent weeks.
- The firm offers three versions of these ETFs, including options with full downside protection and others with limited downside risk of up to 20%.
- Approximately 90% of the ETF assets are allocated to Treasuries for downside protection, while the rest is used for options linked to Bitcoin indexes.
- Advisors are increasingly focused on enhancing risk-adjusted returns and portfolio construction using crypto exposure.
- Calamos categorizes crypto ETF strategies into three types—protection, income, and growth—reflecting an evolution in the market.
The demand for protected Bitcoin ETFs highlights a shift among wealth managers toward seeking reduced volatility in cryptocurrency investments. As investors move from cash-like products to fully protected options, this trend indicates a growing sophistication in evaluating crypto exposure.
With inflows of $10 million to $15 million recently, Calamos’s approach underscores a notable interest in structured products that offer Bitcoin upside without downside risks.(Source)
