# CBOY (Calamos Bitcoin Structured Alt Protection ETF - July)

Calamos · Buffer ETFs · data as of Sep 12, 2026

As of Sep 12, 2026, CBOY has reached its cap.

## Key facts

- CBOY, fall before the buffer: 2.0%, as of Sep 12, 2026.
- CBOY, protection left, index points: 99.9%, as of Sep 12, 2026.
- CBOY, days to reset: 322, as of Sep 12, 2026.
- CBOY, net assets: $5m (source, as filed for Apr 30, 2026).
- CBOY, expense ratio: 0.69% (issuer page, Sep 12, 2026).
- CBOY, reference index: Bitcoin, as of Sep 12, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | Bitcoin | ETFIQ |
| Buffer | 0% to 100% | ETFIQ |
| Outcome period | Jul 8, 2026 to Jul 31, 2027 | ETFIQ |
| Starting cap | +9.9% | ETFIQ |
| Bitcoin return since period start | +24.1% | ETFIQ |
| Fund return since period start | +2.0% | ETFIQ |
| Net assets | $5m | source, as filed for Apr 30, 2026 |
| Band state today | At cap | ETFIQ |
| Can still gain | not published | issuer, fund price |
| Fall before buffer | 2.0% | issuer, fund price |
| Fall to the buffer in index terms | 19.5% | ETFIQ |
| Protection left in index points | 99.9% of 99.9% | ETFIQ |
| Days left in period | 322 | ETFIQ |
| Expense ratio | 0.69% | issuer page, Sep 12, 2026 |

## Questions

### How much can CBOY still gain?

Nothing more in index terms on Sep 12, 2026. Bitcoin has already passed the cap of +9.9% for this period, which runs from Jul 8, 2026 to Jul 31, 2027.

### How far can CBOY fall before the buffer helps?

2.0% in fund-price terms on Sep 12, 2026, by the issuer's figure. In index terms Bitcoin can fall 19.5% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the CBOY buffer is left?

99.9% of the 99.9% buffer sat below the Bitcoin level on Sep 12, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does CBOY reset?

The outcome period ends on Jul 31, 2027, 322 days from the data on Sep 12, 2026. A new cap is set the next day and the buffer starts again.

### What does CBOY cost?

The prospectus expense ratio is 0.69% a year.


## Cite this page

ETFIQ, CBOY, data as of Sep 12, 2026. https://etfiq.com/funds/CBOY
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/CBOY  ·  JSON: https://etfiq.com/funds/CBOY.json