Digital Assets · BATS · USD · Data as of 2026-07-09
AUM
$5.19M
Expense ratio
0.79%
Yield
—
YTD return
-16.82%
Last price
$19.90
Active · Coverage 50% · low
Today
18.9
Outlook
29.9
Block A (composite-derived)
20.2
Block C (market behavior)
5.6
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.
20.2
Coverage 50% · low
Liquidity
5.0
Expenses
45.0
Performance
24.2
Volatility
—
Dividend
—
Concentration
0.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (CBXL) is an exchange-traded fund in the Mixed asset class. Assets under management: 3,724,493.
Bullish Whales composite rating: 20 out of 100. Evidence coverage 50% across 4 of 8 axes. Strongest axes: expenses, performance, liquidity.
Weakest axes: concentration, liquidity.
Top-10 weight 1%, diversified, led by CBTO.
etf_composite_score_current · composite_score, concentration_score, confidence, coverage_pct, expenses_score, liquidity_score, performance_scoreetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, tickerCalamos Laddered Bitcoin 90 Series Structured Alt Protection ETF Trust is an exchange-traded fund designed to provide risk-managed exposure to Bitcoin for institutional and individual investors. Its primary function is to track the positive returns of the Cboe Mini Bitcoin US ETF Index, reflecting spot Bitcoin prices up to a pre-set cap, while offering a robust downside protection level of 90% over each one-year outcome period. The ETF achieves continuous coverage by equally allocating across four underlying quarterly Calamos Bitcoin Structured Alt Protection ETFs, each launched in a different quarter. This laddered structure means investors avoid timing risks and maintain exposure to the protection and upside potential at all times. CBXL delivers an innovative approach for portfolio diversification, as Bitcoin’s historically low correlation with traditional asset classes—such as equities, fixed income, and gold—may reduce overall portfolio risk. The fund suits investors seeking participation in Bitcoin’s growth while strictly limiting losses during sharp market downturns, all through a single-ticker solution and transparent outcome-driven methodology. CBXL is managed by Calamos Advisors LLC, a firm known for its expertise in structured protection strategies and disciplined risk management within the ETF market.
Net AUM change history is not yet available for this ETF. Fund-flow time series is a Phase B deliverable.
Current AUM: $5,191,615. 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 CBXL are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.