Calamos Laddered Bitcoin Structured Alt Protection ETF (CBOL)

Funds & ETFs

CBOL is an actively managed laddered Bitcoin ETF from Calamos Investments that provides exposure to a portfolio of Calamos Bitcoin Structured Alt Protection ETF series (CBOJ, CBXJ, CBTJ) to smooth out outcome-period reset risk across the year. Rather than committing to a single annual reset, CBOL offers investors blended downside protection from multiple overlapping monthly-series ETFs, aiming for consistent year-round protection and diversified cap rates. It is part of Calamos' pioneering downside-protected Bitcoin ETF suite.

Details

Aum: ~$50M
Type: Laddered Bitcoin Structured Protection ETF
Issuer: Calamos Investments
Ticker: CBOL
Country: United States
Manager: Calamos Investments
Exchange: Cboe BZX
Strategy: Laddered exposure across Bitcoin structured protection series
Custodian: N/A — structured product, options on Bitcoin ETFs
Fund Type: structured_protection_etf
Structure: Laddered structured protection ETF (100% series)
Derivatives: Yes
Expense Ratio: 0.69%
Bitcoin Direct: No
Inception Date: 2025-07-09
Management Fee: 0.69%
Exchange Listed: Cboe BZX
Physically Backed: No

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