Looking For Bitcoin Exposure With Downside Protection? There's Now An ETF For That
Looking For Bitcoin Exposure With Downside Protection? There's Now An ETF For That
The ETF is expected to be listed on CBOE on Jan. 22 under the ticker CBOJ. CBOJ units can be held indefinitely.Investment management firm Calamos was gearing up to launch the world's first 100% downside-protected Bitcoin (CRYPTO: BTC) exchange-traded fund, according to a Monday press release.
投資管理公司Calamos準備推出全球首個100%下行保護的比特幣（CRYPTO：BTC）可交易ETF， 根據週一的新聞稿。
What Happened: The ETF will employ a mix of Treasury securities and options on the CBOE Bitcoin U.S. ETF Index, an investment avenue that tracks the price returns from U.S.-listed spot Bitcoin ETFs, Calamos said.
發生了什麼：該ETF將採用財政證券和CBOE比特幣美國ETF指數期權的組合，這是一條投資途徑，跟蹤美國上市現貨比特幣ETF的價格回報，Calamos表示。
The ETF will reset annually, providing investors with a new upside cap to protect against negative Bitcoin returns for the next 12 months. This effectively means that investors will have to give up some potential gains in return for protection during market downturns.
該ETF將每年重置，爲投資者提供一個新的上行限制，以保護在接下來的12個月中免受比特幣負回報的影響。這實際上意味着，投資者將不得不放棄一些潛在收益，以換取在市場下跌期間的保護。
The ETF is expected to be listed on CBOE on Jan. 22 under the ticker CBOJ. CBOJ units can be held indefinitely.
該ETF預計將在1月22日於CBOE上市，代碼爲CBOJ。CBOJ單位可以無限期持有。
See Also: 'Pharma Bro' Martin Shkreli Predicts Liquidation Doom For MicroStrategy Amid Fall Below $300, Says Bitcoin Will Hit $250K Without Michael Saylor
另見：'藥品兄弟'馬丁·什克雷利預測MicroStrategy面臨清算厄運，因爲其股價跌破300美元，並表示比特幣將在沒有邁克爾·賽勒的情況下達到25萬美元
Such ETFs are a big hit on the equity side. CBOK will be an extension of the Calamos' Structured Protection ETF series, including Calamos S&P 500 Structured Alt Protection ETF—January (NYSE:CPSY) and Calamos Russell 2000 Structured Alt Protection ETF—January (NYSE:CPRY), both of which deliver 100% downside protection.
這樣的ETF在股權方面受到廣泛歡迎。CBOk將是Calamos結構保護ETF系列的延伸，包括Calamos S&P 500結構替代保護ETF——一月（紐交所：CPSY）和Calamos羅素2000結構替代保護ETF——一月（紐交所：CPRY），這兩者均提供100%的下行保護。
Why It Matters: The launch of CBOJ comes at a time when institutional investment in cryptocurrencies has reached record levels.
爲什麼這很重要：CBOJ的推出正值機構投資加密貨幣達到創紀錄水平之時。
Global digital asset investment products saw a record $44.2 billion in inflows in 2024, nearly quadrupling the previous high of $10.5 billion set in 2021. The introduction of U.S. spot-based ETFs was a significant driver of this surge.
全球數字資產投資產品在2024年實現了創紀錄的442億的資金流入，幾乎是2021年105億的之前最高紀錄的四倍。美國現貨基於ETF的推出是這一激增的主要推動力。
Moreover, the success of Bitcoin ETFs is evident from the performance of BlackRock's iShares Bitcoin Trust ETF IBIT (NASDAQ:IBIT), which became the most successful ETF launch in history. The fund accumulated over $50 billion in assets under management within its debut year.
此外，貝萊德的iShares比特幣Trust ETF IBIt (納斯達克:IBIT)的表現表明，比特幣ETF的成功是顯而易見的，它成爲歷史上最成功的ETF上市。在首個年度內，該基金管理的資產超過500億。
Price Action: At the time of writing, Bitcoin was exchanging hands at $101,696.58, up 2.03% in the last 24 hours, according to data from Benzinga Pro.
價格動態：根據Benzinga Pro的數據，截至目前，比特幣的交易價格爲101,696.58美元，在過去24小時內上漲了2.03%。
- Elon Musk's Return To Original X Avatar Causes Coin Themed On 'Kekius Maximus' To Crash 90% — Frog-Themed PEPE Slips As Well
- 埃隆·馬斯克回歸原始X頭像導致以「Kekius 馬克西姆斯」爲主題的幣崩盤90% — 青蛙主題的PEPE也下滑。
