🤥 Calamos Investments is launching a “Protected Bitcoin ETF,” which guarantees 100% of your funds back if BTC drops 50%, but caps potential gains at 11.5%. Feels like a bit of a scam.
These kinds of products pop up because people want to be involved in crypto, but don’t want to understand how it actually works. They’re sold a false sense of security and suddenly, they’re ready to throw all their money in.