INSUBCONTINENT EXCLUSIVE:
exchange-traded fund (ETF) in the United States, tapping into cautious crypto investors seeking exposure to digital asset markets
The product would add to a growing list of attempts by asset managers to package Bitcoin exposure with built-in guardrails, a response to
According to a Fidelity analysis, Bitcoin has been three to nearly four times more volatile than major equity indexes
Wise Origin Bitcoin Fund; and the ARK 21Shares Bitcoin ETF.Options, in general, are investment instruments that give the holder the right
but not the obligation to buy or sell an underlying asset before or on a certain date
on BTC at $116KCalamos SEC filing language, detailedCalamos says its ETF will target downside protection for losses greater than 20%
Floor is 20% and the price of Spot bitcoin declines by 8% over a Target Outcome Period, an investor in the Underlying Fund would not receive
any protection from the Floor because the decline was not greater than 20%," reads the document
investor's loss to only 20%."Calamos July 16 SEC filing
Cointelegraph reached out for comment from Calamos, but had not received a reply at time of publication.Related: US Bitcoin ETFs record
cryptocurrency by backing the funds with actual Bitcoin
For instance, BlackRock owns 716.5 BTC worth approximately $85.4 billion, according to Arkham Intelligence
Bitcoin spot ETFs have had a successful Wall Street debut
According to sosovalue.com, the instruments have had a cumulative net inflow of $53.1 billion as of Tuesday
The total net assets held in these funds have reached $150 billion, accounting for 6.5% of the Bitcoin market cap.The five ETFs that
