Debate over Bitcoin Dip Creates Buying Opportunity for Defensive Exposure

bitcoin

March 25, 2026

Despite the decline in Bitcoin prices last year, crypto enthusiasts were eager to jump on the opportunity to invest during the dip. With geopolitical tensions escalating due to the Iran war, risk assets like emerging markets have been under pressure. Even gold, often seen as Bitcoin’s rival, has not been performing well. In the midst of this turmoil, Bitcoin has managed to hold its ground, trading steadily between the mid-$60,000s and low $70,000s. This stability has remained even after the start of the Iranian conflict in late February 2026.

It’s a bit uncertain whether now is the ideal time to invest in the Bitcoin dip. The market is still volatile, and we can’t predict where the price of Bitcoin might go in the coming weeks. However, the period of relative price stability presents a potential buying opportunity for bold investors and advisors.

For those looking to capitalize on the Bitcoin dip but seek some security against downside risks, the Calamos Laddered 90 Series Structured Alt Protection ETF (CBXL) could be a wise choice. This fund from Calamos Investments invests in four different Calamos Protected Bitcoin ETFs that offer exposure to Bitcoin’s price fluctuations through options up to a predetermined cap. The key advantage of these funds is their downside protection, with a maximum potential loss of 10%, excluding fees and expenses, over a one-year period.

Given Bitcoin’s recent performance, investing in the dip with a defensive strategy could yield positive results in the long run. CBXL allows investors to participate in potential price rallies across four different outcome periods while ensuring protection against significant losses. Whether Bitcoin experiences a surge or a slump, CBXL is well-equipped to navigate any market condition within its framework.

While the perfect timing to buy the Bitcoin dip is uncertain, CBXL offers a strategic approach that is adaptable to various market scenarios. Whether you’re looking to mitigate the impact of a market downturn or take advantage of a Bitcoin upswing, CBXL provides a comprehensive solution to address both opportunities and risks in a single package.

Investing always comes with risks, and it’s essential to thoroughly consider a fund’s investment objectives, risks, charges, and expenses before making any investment decisions. Please refer to the prospectus and summary prospectus for detailed information before investing. Remember, there are no guarantees that a fund will achieve its investment objectives, and investments are subject to market volatility and specific risks associated with each fund.

Investing is not risk-free, and the Fund(s) faces various market risks that investors need to be aware of, such as authorized participation concentration risk, cap change risk, options risk, premium discount risk, and sector risk, among others. Before investing, it’s important to carefully review the list of fund risks in the prospectus to understand the potential drawbacks and rewards of each investment.

In conclusion, while the decision to invest in the Bitcoin dip is a personal one that should be approached with caution, a defensive strategy like CBXL could provide a balanced approach to navigate the volatile crypto market. Whether you’re a seasoned investor or a novice looking to enter the crypto space, exploring options like CBXL can help you make informed decisions while managing risks effectively.