Calamos Bitcoin Structured Alt Protection ETF - January

Calamos Bitcoin Structured Alt Protection ETF - January is an actively managed exchange-traded fund designed to give investors exposure to bitcoin’s price movements through a structured options-based strategy. The fund seeks to capture a portion of bitcoin’s upside, up to a predetermined cap, while providing full downside protection if held through its one-year outcome period, before fees and expenses. To pursue this objective, it uses a combination of U.S. Treasuries, cash equivalents, and bitcoin-related options linked to a reference benchmark. The ETF is intended for market participants looking for a regulated, exchange-traded way to access bitcoin exposure within a defined risk-managed framework. Calamos Bitcoin Structured Alt Protection ETF - January serves as part of Calamos’ protected bitcoin lineup, offering a rules-based approach that combines digital asset participation with capital preservation features.