Bitcoin News: Calamos Announces First Ever Downside Protection BTC ETF as Bitcoin Surges Past $100K

Bitcoin has reclaimed the $100,000 mark following the announcement by Calamos Investments of the upcoming launch of the first-ever downside protection Bitcoin ETF. This innovative ETF, named CBOJ, is set to launch on January 22 and offers 100% protection against Bitcoin's downside risks while capping potential gains if held through. The announcement has invigorated the market, with Bitcoin rallying above $100,000 and breaking through key resistance levels, including the $108,000 barrier. This development has also invalidated a previously observed Head-and-Shoulders pattern, signaling a potential shift in market sentiment. Investors are eagerly anticipating the launch of this groundbreaking ETF, which could pave the way for more risk-averse participation in the cryptocurrency market.

Bitcoin Reclaims $100K as Calamos Announces Upcoming Launch of First Ever Downside Protection BTC ETF

Asset management firm Calamos has announced the upcoming launch of a 100% downside protection Bitcoin ETF. This ETF will provide full protection on BTC downsides but offers a limit on its upside if held through. Bitcoin has rallied above $100,000 following this announcement, invalidating a Head-and-Shoulders pattern. The ETF, named CBOJ, is set to launch on January 22.

Bitcoin’s $108,000 Barrier Holds Firm, Pressuring Short-Term Gains

Bitcoin's price faces pressure as the $108,000 resistance level remains unbroken, leading to potential declines. A CryptoQuant report highlights a significant drop in profitability for short-term holders (those holding BTC for less than 155 days) following the failed attempt to reclaim the $108,000 mark. The Spent Output Profit Ratio for short-term holders also confirms this downward trend, indicating increased losses for this group.

Early 2025 Inflows for Crypto Investment Products Reach $585M in Just 3 Days

In the first three days of 2025, digital asset investment products experienced inflows totaling $585 million. However, the full week, including the last two trading days of 2024, recorded net outflows of $75 million. Globally, 2024 concluded with a record-breaking $44.2 billion in inflows, nearly four times the previous record of $10.5 billion set in 2021. This surge occurred despite crypto prices plunging in the latter part of the year. Bitcoin led the inflows with $38 billion in 2024, primarily driven by the introduction of spot-based ETFs in the US, which accounted for 100% of the inflows at $44.4 billion. Other countries, such as Switzerland, saw inflows of $630 million.

Gemini Settles CFTC Lawsuit for $5M Over Bitcoin Futures

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has agreed to pay $5 million to settle a lawsuit with the Commodity Futures Trading Commission (CFTC). The lawsuit accused Gemini of misleading the regulator during its attempt to launch the first U.S.-regulated Bitcoin futures contract. The settlement avoids a trial that was scheduled for January 21, just one day after Donald Trump’s second inauguration as president. Gemini neither admitted nor denied any wrongdoing in the settlement. The CFTC had alleged that Gemini made 'false and misleading statements' about its ability to prevent manipulation in Bitcoin prices, which were intended to underpin derivatives based on the cryptocurrency. This case is part of a broader series of enforcement actions by the CFTC in the cryptocurrency space.

Retail Bitcoin Transactions Drop To Lowest Level Since 2021 – What This Means For BTC

Bitcoin has shown resilience by pushing above key demand levels, but the psychological and technical barrier of $100K remains unclaimed. This resistance has left investors and analysts in a state of uncertainty, with no clear short-term direction for the market leader. Despite this, a growing consensus among market experts suggests that BTC will likely see a significant rise in the coming weeks. Top analyst Axel Adler recently shared insightful data highlighting an intriguing trend in BTC’s transaction activity. According to Adler, retail activity for transactions under $10K has dropped to its lowest point since the summer of 2021—a period marked by widespread market panic following China’s mining ban. This decline in retail participation indicates that smaller investors are staying on the sidelines.