Buying the Bitcoin Dip? Try a Laddered Bitcoin ETF

Core Insights - The recent decline in Bitcoin prices, dropping below $90,000, has created a potential buying opportunity for investors looking to capitalize on the dip [1][2]. Investment Opportunities - The Calamos Laddered Protected Bitcoin ETF (CBXL) offers a structured approach for investors to buy into Bitcoin while managing risk [3][6]. - CBXL's strategy includes a laddered selection of underlying ETFs that provide varying levels of downside protection, limiting total loss to no more than 10% [3][5]. Risk Management Features - Each underlying ETF in CBXL has an initial cap on returns exceeding 20%, with some reaching close to 30%, allowing for significant upside potential while maintaining downside protection [4]. - The laddered structure of CBXL provides access to different Bitcoin time horizons, which helps in diversifying risk exposure and enhancing return opportunities [5]. Market Context - The current market situation presents an inflection point for both long-term crypto enthusiasts and regular investors, raising questions about whether to buy the dip or brace for further declines [2].