Replying to Avatar TFTC

Calamos launches the “Protected Bitcoin ETF” ($CBOJ), offering 100% downside protection if #Bitcoin drops 50%, but capping gains at 11.5%.

Why cap your upside if you know what's coming.

https://m.primal.net/NxAN.mp4

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Numa 11mo ago

They know bitcoin is going up so they want your money to buy it and then give you only 11% of the upside even if it does 10X that year.

Awesome 😑

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