Digital Assets · BATS · USD · Data as of 2026-07-28
AUM
$4.90M
Expense ratio
0.69%
Yield
—
YTD return
-0.41%
Last price
$24.53
Active · Coverage 38% · low
Today
73.8
Outlook
45.5
Block A (composite-derived)
24.7
Block C (market behavior)
95.9
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
24.7
Coverage 38% · low
Liquidity
5.0
Expenses
45.0
Performance
24.2
Volatility
—
Dividend
—
Concentration
—
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Calamos Bitcoin Structured Alt Protection ETF - July (CBOY) is an exchange-traded fund in the Mixed asset class. Assets under management: 4,876,807.
Bullish Whales composite rating: 25 out of 100. Evidence coverage 38% across 3 of 8 axes. Strongest axes: expenses, performance, liquidity.
Weakest axes: liquidity, performance.
etf_composite_score_current · composite_score, confidence, coverage_pct, expenses_score, liquidity_score, performance_scoreetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, tickerThe Calamos Bitcoin Structured Alt Protection ETF – July is an exchange-traded fund designed to offer exposure to bitcoin’s price movements with a built-in capital protection mechanism. Over a defined one-year period, this ETF is engineered to match the positive performance of a reference bitcoin index—specifically the CME CF Bitcoin Reference Rate (New York Variant)—up to a preset cap, while providing 100% downside protection if held for the entire term. This means that investors’ principal is shielded from losses regardless of bitcoin’s price swings during the outcome period, but any gains are limited to the cap, initially set at 10.00% before expenses. The fund achieves this structured outcome using derivative strategies tied to Bitcoin-related indexes and does not invest directly in bitcoin. This approach makes the ETF particularly suitable for risk-averse market participants who seek bitcoin-linked returns but wish to avoid direct cryptocurrency volatility and drawdowns. The ETF serves as a risk control and diversification tool, leveraging bitcoin’s historically low correlation to traditional asset classes like equities, fixed income, and gold to help balance broader investment portfolios.
30-day change
$22.6K
90-day change
—
Current AUM: $4,899,357. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for CBOY are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.