Calamos CEO: Capital Controls Fueled Bitcoin Demand as Principal-Protected ETFs Target Advisors
- —Koudounis cited Greece's €60 daily ATM withdrawal limit in 2015
- —Calamos offers ETFs with 100%, 90% and 80% principal protection
- —The advisor market holds $146 trillion with minimal bitcoin allocation
- —The firm invests in Strategy convertible bonds within a $19 billion fund
Why it matters: Protected ETFs could remove the volatility barrier and open bitcoin to advisors; even a 2% allocation would mean trillions in new demand.
Source: TokenPost