🚨 JUST IN: JP MORGAN LAUNCHING BITCOIN-BACKED PRODUCT

#JPMorgan filed to launch a leveraged #Bitcoin product linked to BlackRock’s #BTC ETF (IBIT).

💡 How it works:

-If IBIT hits a target price in 1 year → guaranteed 16% gain

-If below target → investment continues until 2028

-By 2028:

• Up → up to 1.5× return, no cap

• Down ≤30% → principal returned

• Down >30% → losses beyond that

Purpose? Harvest volatility, extract fees, and position before retail reacts.

This marks a major step in JPMorgan’s push into Bitcoin integration products. 📈