JPMorgan Launches Bitcoin Structured Note Offering 1.5x Returns With BlackRock’s IBIT
JPMorgan unveiled a brand new monetary product—a leveraged structured word linked on to BlackRock’s iShares Bitcoin Trust (IBIT). This announcement comes after intense scrutiny of the financial institution for allegedly concentrating on Strategy (previously MicroStrategy), the Bitcoin proxy agency headed by Michael Saylor. New IBIT-Linked Notes From JPMorgan According to the financial institution’s filing with…
