🎉Good news! Bloomberg ETF analyst Eric Balchunas revealed on the X platform that asset management company Calamos has submitted an application for a Bitcoin "buffer" ETF. 🚀
This ETF is designed to provide 100% downside protection for Bitcoin while capturing part of the upside using FLEX options. 🛡️💰This is a strategy designed to reduce risk while enjoying growth, which is undoubtedly good news for investors who are optimistic about Bitcoin!
However, it is not clear whether this application is for spot type or futures type. In any case, this is a sign that Bitcoin's status in the mainstream financial market is gradually improving. 📈
Let us look forward to the approval result of this application and see if it can bring new vitality to the Bitcoin market! 🎈