# Calamos Laddered Bitcoin Structured Alt Protection ETF (CBOL) — Overview

CBOL · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/cbol

## Price

Last close $23.95 on Oct 15, 2026. 52-week range $23.33 – $25.01.

## Fund profile

CBOL is designed to match the positive price return of the CME CF Bitcoin Reference Rate - New York Variant ("BRRNY") ("Spot bitcoin") up to a defined cap, with specific levels of downside protection, over a one-year period (before fees and expenses).

| Metric | Value |
| --- | --- |
| Issuer | Calamos Advisors LLC |
| Industry | — |
| Inception | Oct 14, 2025 |
| Assets under management | $2.4M |
| Expense ratio | 0.79% |
| Net asset value | $23.93 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Calamos Laddered Bitcoin Structured Alt Protection ETF (CBOL)?

CBOL is designed to match the positive price return of the CME CF Bitcoin Reference Rate - New York Variant ("BRRNY") ("Spot bitcoin") up to a defined cap, with specific levels of downside protection, over a one-year period (before fees and expenses).

### What is CBOL's expense ratio?

Calamos Laddered Bitcoin Structured Alt Protection ETF charges an annual expense ratio of 0.79%. The fund is issued by Calamos Advisors LLC.

### How large is CBOL?

Calamos Laddered Bitcoin Structured Alt Protection ETF manages $2.4M in assets and has traded since Oct 14, 2025.

### How do I buy shares of Calamos Laddered Bitcoin Structured Alt Protection ETF (CBOL)?

CBOL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).