Deep Tide TechFlow news, on November 22, according to Bloomberg, asset management company Calamos Investments, with a management scale of 40 billion USD, submitted a new Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC). This "structured protection" ETF plans to hedge up to 100% of Bitcoin's downside risk through the options market, while providing risk protection for investors while tracking Bitcoin returns.

Previously, Calamos had submitted a Bitcoin "buffer" ETF application in May of this year.