Matt Kaufman, Global Head of ETFs for Calamos Investments, joined Julie Cooling, Founder and CEO of RIA Channel, at the New York Stock Exchange bell-ringing ceremony to discuss investing in bitcoin with principal protection.
Kaufman notes that bitcoin is now the world’s seventh-largest asset with a market capitalization exceeding $2 trillion. Bitcoin is the world’s second-largest commodity, trailing only gold in market value.
Calamos has launched a series of protected bitcoin ETFs, including the Calamos Bitcoin Structured Alt Protection ETF January (CBOJ). The series includes ETFs offering 100%, 90%, and 80% principal protection, with funds launched every calendar quarter with new protection periods. Investors seeking more of the potential upside of bitcoin prices would choose the 80% protection, while investors can still participate in a portion of rising bitcoin prices while investing with 100% principal protection.