Didn't see this posted here so here it is...no financial interest. Just interesting to see.
"CBOJ will launch on January 22, 2025, offering upside potential to bitcoin to a cap with 100% downside protection over a one-year outcome period. On February 4, 2025, Calamos will list CBXJ and CBTJ, providing 90% and 80% downside protection levels respectively, with correspondingly higher upside cap rates:
CBOJ with 100% downside protection and an estimated cap range of 10%-11.5%
CBXJ with 90% downside protection and an estimated cap range of 28%-31%"
https://www.etfstrategy.com/calamos-adds-two-more-bitcoin-etfs-to-structured-protection-suite-10339/
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