Calamos Investments, a US asset management firm, is launching three Bitcoin ETFs featuring downside protection on July 8th. The ETFs, traded under the tickers CBOY, CBXY, and CBTY, offer varying degrees of protection: 100%, 90%, and 80% respectively. Bitcoin ETFs with a Safety Net These ETFs aim to provide investors with Bitcoin exposure while mitigating potential losses. Calamos explains that the ETFs are designed to capture Bitcoin's return potential over the next year, with the upside return capped differently based on the level of downside protection selected. This provides a unique offering for investors seeking to dip their toes into the cryptocurrency market with a safety net. CBOY, CBXY, and CBTY: Choosing Your Risk Level The 100% downside protection offered by CBOY will naturally come with a lower upside cap compared to CBXY (90% protection) and CBTY (80% protection). Investors should carefully consider their risk tolerance and investment goals when choosing between these three Bitcoin ETFs. These new Bitcoin ETFs will definitely change the ETF investment landscape. ```