A new ETF called CPSM provides investors with complete downside protection against S&P 500 losses for a year. It employs a combination of options positions to achieve this, with investors getting 100% capital protection if they buy on the first day. The ETF has a capped upside and an annual expense ratio of 0.69%. Calamos plans to launch additional structured protection ETFs for other indexes like Nasdaq 100 and Russell 2000.
Bitcoin's surge is puzzling, but analysts point to other factors driving it. Grayscale Bitcoin Trust has been selling off its holdings, but iBit has been accumulating them. Exchange outflows and other data suggest a bullish sentiment for Bitcoin, with retail investors and institutions buying. Some experts predict a Bitcoin price of $200,000-$250,000 by 2025 due to limited supply and growing demand.
