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Calamos Bitcoin 80 Series Structured Alt Protection ETF - October (CBTO)

Digital Assets | Exchange Traded Fund | Cboe US
19.81 USD -0.11 (-0.571%) ⇩ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 19.81

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 2:30 a.m. EDT

This structured product is currently trading at its absolute floor, having lost nearly 22% of its value since inception due to the underlying Bitcoin asset's performance. While the price has stabilized recently, the instrument offers no capital appreciation potential; it is purely a protection vehicle designed to preserve value against a specific downside threshold, not to generate returns. The lack of any price history beyond the initial listing prevents any assessment of long-term trajectory, and the single dividend paid represents a return of capital rather than sustainable earnings. For investors seeking exposure to Bitcoin, this is a defensive holding with zero offensive upside, making it unsuitable for growth or standard income strategies.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.002322
AutoETS0.002393
AutoTheta0.013374
AutoARIMA0.032565

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 61%
H-stat 30.08
Ljung-Box p 0.000
Jarque-Bera p 0.280
Excess Kurtosis -1.09

Dividend Data

Dividend History
Date Dividend Yield %
2025-12-12 0.048 0.219128
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 25.24
All Time Low 19.67
Ask 19.86
Ask Size 100
Average Daily Volume10 Day 3,460
Average Daily Volume3 Month 9,004
Average Volume 9,004
Average Volume10Days 3,460
Beta3 Year 0.0
Bid 19.81
Bid Size 500
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.831
Day Low 19.81
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.75358
Fifty Day Average Change 0.05742073
Fifty Day Average Change Percent 0.002906852
Fifty Two Week Change Percent -20.331865
Fifty Two Week High 25.24
Fifty Two Week High Change -5.428999
Fifty Two Week High Change Percent -0.21509504
Fifty Two Week Low 19.67
Fifty Two Week Low Change 0.14100075
Fifty Two Week Low Change Percent 0.0071683144
Fifty Two Week Range 19.67 - 25.24
First Trade Date Milliseconds 1,759,843,800,000
Full Exchange Name Cboe US
Fullday Change -0.1138
Fullday Change Percent -0.571148
Fullday Price 19.811
Fund Family Calamos
Fund Inception Date 1,759,708,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary he fund is an actively managed ETF that seeks to provide investment results that, before taking total fund operating fees and expenses into account, track the positive price return of Spot bitcoin up to the Cap over a specified period of time of approximately one-(1) year, while seeking to provide protection against decreases in the price of Spot bitcoin exceeding 20% over the same Outcome Period. The fund is non-diversified.
Long Name Calamos Bitcoin 80 Series Structured Alt Protection ETF - October
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1931011883
Nav Price 19.86
Net Assets 27,651,252.0
Net Expense Ratio 0.69
Open 19.85
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 19.811
Post Market Time 1,787,951,100
Previous Close 19.9248
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.1138
Regular Market Change Percent -0.571148
Regular Market Day High 19.831
Regular Market Day Low 19.81
Regular Market Day Range 19.81 - 19.831
Regular Market Open 19.85
Regular Market Previous Close 19.9248
Regular Market Price 19.811
Regular Market Time 1,787,947,191
Regular Market Volume 9,881
Short Name Calamos Bitcoin 80 Series Struc
Source Interval 15
Symbol CBTO
Total Assets 27,651,252
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.88773
Trailing Three Month Returns -1.88773
Triggerable 1
Two Hundred Day Average 20.533655
Two Hundred Day Average Change -0.72265434
Two Hundred Day Average Change Percent -0.035193652
Type Disp ETF
Volume 9,881
Ytd Return -8.26753