Calamos Announces Initial Upside Cap Rates for World's First 90% and 80% Downside Protected Bitcoin ETFs With Successful Launch of CBXJ and CBTJ

February 5, 2025--John Koudounis, President and CEO of Calamos, today announced the successful launch and attractive cap rates of two new ETFs offering upside growth potential of bitcoin with 90% (CBXJ) and 80% (CBTJ) protection levels over a one year outcome period.

He said, "By introducing these innovative first-to-market offerings, we continue to demonstrate our leadership role in risk-managed bitcoin investment strategies with our Calamos Protected Bitcoin ETF Suite."

The fund's initial cap rates were determined as follows:

CBXJ with 90% downside protection and an initial cap rate of 29.15%

CBTJ with 80% downside protection and an initial cap rate of 51.50%

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Source: Calamos Investments