Question 1

What backs CLOA?

Accepted Answer

CLOA (BlackRock ETF Trust II iShares AAA CLO Active ETF (Dinari Tokenized ETF)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade CLOA 24/7?

Accepted Answer

Yes — CLOA trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is CLOA permissionless to buy?

Accepted Answer

Partly — CLOA trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.