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Calamos is launching a Bitcoin ETF with 100% downside protection named CBOJ in January. The ETF combines Treasury bonds and Bitcoin options to mitigate investment risks. CBOJ offers annual protection resets and caps potential gains for risk management. Calamos Investments is set to launch a groundbreaking Bitcoin exchange-traded fund (ETF) offering 100% downside protection. Scheduled to debut on the Chicago Board Options Exchange (CBOE) on January 22, the new ETF, named CBOJ, is designed to address Bitcoin’s volatility while providing growth opportunities, according to a company announcement. Calamos’ Structured Protection ETF series CBOJ builds upon the success of Calamos’ Structured Protection ETF series, introduced in 2024. This series provided similar downside protection mechanisms for stock indices like the S&P 500 and Nasdaq-100. By extending these principles to Bitcoin, Calamos seeks to meet the demands of advisors, institution...

With the asset only growing in value and relevant throughout this year, billionaire Paul Tudor Jones’ hedge fund has disclosed holding $230 million worth of BlackRock’s Spot Bitcoin ETF. Indeed, a filing with the US Securities and Exchange Commission (SEC) shows Tudor Jones’ belief in the leading cryptocurrency. Speaking to CNBC in October, Tudor Jones expressed concerns regarding inflation. Moreover, he noted that he firmly believes in the capability and potential of gold and ‘digital gold,’ Bitcoin. The most recent filing shows that the hedge fund manager is putting his money where his mouth is. JUST IN: Billionaire Paul Tudor's hedge fund holds $230 million worth of BlackRock's spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) November 18, 2024 Also Read: BlackRock’s Bitcoin ETF Officially Surpasses Its Gold ETF Paul Tudor Jones Discloses Holding $230 Million Worth of BlackRock Bitcoin ETF November is proving to be a historic month for Bitcoin...

Bitcoin breaks $57,000 as BlackRock’s IBIT hits record with $1.3 billion BTC could reach or break past its all-time high before the halving Bitcoin’s pre-halving rally has seen the bellwether crypto reach $57,000, pushing to within just 20% of its all -time high of $69,000 in 2021. After break ing past the $54,000 level, Bitcoin price extended its gains to above $57k late Monday. On Coinbase, BTC rose to $57,250, with total short liquidations reach ing $271 million. Bitcoin accounted for $189 million of the liquidated shorts. Ethereum’s surge to highs of $3,280 also saw over $67.8 million shorts liquidated. However, altcoins were largely spectators to Bitcoin’s bullish show. Market intelligence platform Santiment shared this on X Tuesday morning. “#Bitcoin has now scratched its way to a market value as high as $57,250, reaching within 19.9% of the $68.6K high established 27 months ago. Now at a pivotal moment, traders...

The office of the President of South Korea called on the country’s financial regulator to reconsider the possibility of admitting spot Bitcoin (BTC) ETFs to trading in the country. Previously, the local Financial Services Commission warned South Korean companies that brokering transactions in foreign spot Bitcoin ETFs could violate capital market rules. A halt followed several local companies’ announcements in trading foreign BTC-based exchange-traded funds. On Jan. 18, the Office of the President of the Republic of Korea asked the South Korean Financial Services Commission (FSC) to refrain from issuing a “do” or “don’t” directives for ETFs. Tae Yoon Seong, head of the political department of the presidential administration, said: “We are trying to make appropriate changes in our country’s legal system or consider whether what happens abroad can be accepted in our country.” Tae Yoon Seong, head of the political departme...

The cryptocurrency fear and greed index has returned to neutral after a surge last week. According to Alternative.me, on Jan. 15, the fear and greed index fell to October 2023 levels . The drop came days after the first spot Bitcoin (BTC) ETFs were approved in the United States. According to the index, Bitcoin’s market sentiment score is 52 out of a possible 100, the lowest since Oct. 19 last year, when BTC traded at an average daily price of approximately $31,000. Source: Alternative.me Notably, just a few days ago, the index hit an “extreme greed” reading of 76 as the market awaited the approval of spot Bitcoin ETFs. The index numerically shows the emotions and sentiments of crypto market participants. It collects and weights data from six key market indicators: volatility (25%), market momentum and volume (25%), activity on social networks (15%), survey data (15%), BTC dominance (10%), and trends (10%). On the evening of Jan. 10, the U.S. Securities and ...

Online fintech brokerage firm Robinhood is about to join the Bitcoin ETF craze, saying the ETF approval is a key factor in advancing the integration of crypto with traditional finance. Robinhood CEO Vlad Tenev announced the company’s plans in a thread on X on Jan. 11, stating the broker aims to list all approved spot Bitcoin exchange-traded funds “as soon as possible.” Exciting update from Washington today! As a pioneer in offering spot crypto trading, Robinhood is thrilled about the @SECGov's decision to approve spot Bitcoin ETFs. We've been ahead of the curve in crypto access, and we plan to list these ETFs on @Robinhoodapp as soon as… — Vlad Tenev (@vladtenev) January 10, 2024 Although Tenev did not provide a specific timeframe, he emphasized that the approval of spot crypto ETFs not only brings clarity but also paves the way for sophisticated risk management tools. “It [the approval] not only offers clarity but also opens avenues for sop...

Standard Chartered Bank anticipates a substantial influx of $50 to $100 billion into Bitcoin after approving spot ETFs, with industry experts speculating a decision by this week. Standard Chartered Bank recently made a noteworthy prediction regarding Bitcoin, foreseeing a substantial influx of $50 to $100 billion in spot ETF inflows upon approval of the investment product, expected in 2024. The international banking giant’s forecast is based on the anticipation surrounding more than a dozen spot Bitcoin ETF applications currently under consideration by the U.S. Securities and Exchange Commission (SEC). You might also like: Analyst: Bitcoin to see significant surge on ETF approval JUST IN: Standard Charter Bank says #Bitcoin could reach $200,000 by end of 2025 if Spot ETFs are approved. — Watcher.Guru (@WatcherGuru) January 8, 2024 Industry experts are heightening their expectations for the imminent approval , with many speculating a decision by Wednesday. S...

The significant rise in Bitcoin ETFs prices generally indicates institutional buying. Institutional investors are onboarding Bitcoin ETFs in anticipation of an upcoming rally in BTC price. advertisement Institutional Investors Flock to Bitcoin ETFs Early signs of Bitcoin institutional buying were recorded again after several weeks of outflows since March. The year started with Institutional investors , miners, and retail investors jumping to buy BTC and other cryptocurrencies. However, the BTC price rally faded due to regulatory challenges, lawsuits, and macro factors. With President Joe Biden and Republicans reaching a two-year deal to raise the debt ceiling, Bitcoin and stock markets reacted positively as a possible financial crisis is averted. Biden and House Speaker Kevin McCarthy remain optimistic about completing the deal days before the US Treasury runs out of money. As a result, Bitcoin , tech and crypto stocks started to rise as the deal will cap som...