The Buffered ETF Guys

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by ATX Financial Planning LLC

Bitcoin vs. Buffered Bitcoin

Imagine riding a roller coaster... blindfolded.

That's what investing in traditional Bitcoin can feel like to some people.

Now imagine the same ride — but this time, you’ve got a seatbelt and an airbag.

That’s one difference between raw crypto exposure and buffered Bitcoin.

Enter the new Calamos Bitcoin ETF (CBOJ) — a state-of-the-art fund offering structured outcome exposure to a reference asset of Bitcoin.

"The Calamos Bitcoin Structured Protection ETF is designed to match the positive price return of Bitcoin* up to a defined cap while protecting against 100% of losses over a one-year period (before fees and expenses)."

*Bitcoin is represented in the portfolio as the CME CF Bitcoin Reference Rate - New York Variant ("BRRNY") ("Spot bitcoin").

🧠 Here is a purely fictional and Hypothetical Story that may help you understand: Why “Scott” Chose a Buffered Bitcoin ETF

Scott is a 62-year-old entrepreneur in Austin, Texas.

He’s already sold his business and has about $1.2 million in investible assets. While 70% of his portfolio is in diversified equity and bond ETFs, Scott has always been curious about crypto.

He’s seen friends make (and lose) fortunes in Bitcoin. He doesn’t want to miss out — but he's also retired. Taking on the full risk of Bitcoin doesn’t sit well with him or his wife.

Then his advisor introduces him to the Calamos Bitcoin ETF (CBOJ) — a way to invest in Bitcoin with downside buffer protection and an upside cap over a defined outcome period.

Here’s what stood out to Scott:

✅ Reference Asset: Bitcoin futures exposure, not directly owning crypto*
✅ Outcome Period: One year, like many traditional buffered ETFs
✅ Downside Buffer: Limits losses (protecting against 100% of losses over a one-year outcome period (before fees and expenses)
✅ Upside Cap: He won’t get unlimited gains, but he’ll sleep better

Now Scott has a way to participate in a bitcoin related reference asset without betting the farm — and without the sleepless nights.

“For the first time, Bitcoin feels like a strategy, not a gamble,” Scott said.

Scott was considering this investment:

✅ As a way to put cash to work
✅ As a way to get more than short term fixed income potentially, but knowing he might not make any money at all over the outcome period
✅ As a way to decrease his equity risk
✅ As a way to get access to an asset that may potentially help with diversification and correlation, but understanding that sometimes even diversification and correlation can go out the window

Want to Explore Buffered Strategies related to Bitcoin exposure?

If you’re like Scott and you have $500,000 or more in investible assets, let’s talk.

The Calamos CBOJ ETF is part of a growing world of risk-managed investing — and it could be a smart fit for part of your portfolio.

👇
Schedule your free consultation today and find out if structured Bitcoin exposure belongs in your plan.

👉 Book a Call Now
(Or visit atxfinancialplanning.com to learn more)

ATX Financial Planning LLC is not affiliated with any investment companies that may have been mentioned herein. For more information about a specific fund or investment company, please visit their website.

You may learn more about: Calamos at www.calamos.com or CBOJ at https://www.calamos.com/funds/etf/calamos-bitcoin-structured-alt-protection-etf-january-cboj/

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