Calamos Bitcoin Structured Alt Protection ETF - July

CBOY

Market cap $4.9M

It seems safe to say that the crypto winter isn't showing many signs of warming up any time soon. The price of bitcoin dropped to a new 52-week low on February 5, nearly going below the $60,000 threshold.

After months of speculation, the Federal Reserve finally trimmed interest rates by 25 basis points. And not only has the central bank lowered interest rates, Chair Powell indicated that additional cuts may follow.

It's been over a year and a half since spot bitcoin ETFs first came onto the market, but some advisors and investors have still chosen not to add bitcoin to their portfolio. However, conditions are starting to mount in favor of creating new first-time buyers to hop on the bitcoin train.

One year ago, I wrote a research note on defined outcome strategies — which most commonly include buffer strategies. There are many unknowns in the investment world, so having a known level of loss can be very valuable.

There are myriad reasons many advisors and investors choose to be long-term holders of cryptocurrency. Some folks look to hold coins like bitcoin in the hopes the asset class reaches new highs.

With an end to tariff negotiations seemingly nowhere in sight, many are wondering what tariffs could do to bitcoin investments. Even though crypto trading is banned in China, many China companies are still tied to the bitcoin ecosystem.

On Wednesday, July 8, Calamos Investments launched the next three funds for its collection of Protected Bitcoin ETFs. The Calamos line of Protected Bitcoin ETFs looks to offer a means with a goal to ease volatility of cryptocurrency investing.

With the markets continuing to be rattled by global macroeconomic uncertainty, a diversified portfolio may prove more valuable than ever. The question is, where should investors and advisors look for diversification?