You Won’t Believe What This New Bitcoin ETF Can Do! 🤯

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What to know: 😏

  • A new bitcoin-focused exchange-traded fund issued by global investment management firm Calamos hit the market on Wednesday. 🤑
  • The fund promises to provide 100% downside risk to protect from the volatility in bitcoin’s price. 🎢
  • This is achieved through allocations in both bitcoin-linked options and Treasury bonds. 🤑💰

Darling, you won’t believe what this new bitcoin ETF can do! 😲 Calamos, the global investment management firm, has just launched a fund that promises to protect you from the wild ride of bitcoin’s price. 🎢 It’s like a safety net for your crypto investments, darling! 🤗

CBOJ, the first of three ETFs, will give you 100% downside protection, which means you’ll never lose a penny, even if bitcoin goes completely bonkers. 💸 And get this, you’ll still get 10-11.5% upside potential over a year. 💰 It’s like having your cake and eating it too, my dear! 🍰

The other two funds, CBXJ and CBTJ, offer 90% and 80% protection, respectively, with even juicier upside caps of 28-30% and 50-55%. 🤑 It’s like a crypto buffet, darling, and you can pick your level of risk tolerance. 🤷‍♀️

Now, I know what you’re thinking, “But Bridget, how does this magic work?” 🤔 Well, it’s all thanks to those clever investment managers at Calamos. They’re putting a portion of your money in good old U.S. Treasuries, which will grow back to your original investment over a year. 💰 The rest goes into options linked to bitcoin, so you get exposure to the crypto without the heart-stopping volatility. 🎢

Of course, this safety blanket doesn’t come cheap, darling. 💸 The management fee is a whopping 0.69%, which is higher than the average ETF. 🤑 But hey, if it means I can sleep at night without worrying about my bitcoin investments, I’d say it’s worth it, don’t you think? 😉

So, what are you waiting for, my dear? 🤔 Grab your purse and get ready to dive into the world of crypto-friendly ETFs. 💼 Just don’t forget to pack your sense of humor and a healthy dose of sarcasm, because this market is a wild ride, and we’re all just along for the adventure. 🤪

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2025-01-22 22:59