Calamos Files Application for Bitcoin ‘Buffered’ ETF
On May 15th, Bloomberg ETF analyst Eric Balchunas wrote that asset management company Calamos has submitted an application for a Bitcoin "buffer" ETF. This ETF will seek to provide 100% downside protection for Bitcoin while capturing some upside using FLEX options. It is currently unclear whether the application is for spot or futures type.
Previously reported, on December 15th, 2023, Bloomberg ETF analyst James Seyffart wrote that First Trust submitted a Bitcoin "buffer" ETF application to the U.S. Securities and Exchange Commission (SEC). It is expected that other entrants in this field will use unique differentiation strategies to provide Bitcoin exposure in the coming weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bored Ape NFT Creator Yuga Labs Joins Adidas To Add Dignity To Its Dookey Dash Game
Bitcoin spot ETF options could potentially impact demand for the underlying asset, analysts say
Analysts say the SEC’s approval of options for the spot bitcoin ETF marks a significant shift in how institutional investors may engage with bitcoin, with potential implications for demand for the underlying asset.The U.S. Securities and Exchange Commission approved BlackRock’s proposal to list and trade options for its spot bitcoin ETF last Friday.
Matrixport, Knowing the Fall in Bitcoin Before, Shared Its Market Predictions for the End of the Year! Here Are the Details
Matrixport stated in its report that Bitcoin (BTC) is likely to recover by the end of the year.
Trending news
MoreCrypto prices
More
