$BTC JP Morgan’s Big BTC Play Is Finally Revealed ⚠️

A new promissory note tied directly to BlackRock’s IBIT #Bitcoin ETF has quietly been rolled out by JP Morgan — and it’s raising eyebrows across the market.

The product behaves like a hybrid between futures and options, built around the four-year cycle. It offers a mild 16% return if Bitcoin hits their December 2026 target, but the payoff becomes far more aggressive if BTC stays below that level.

This move sheds light on the unusual narratives, coordinated #FUD around #MicroStrategy, and odd #ETF activity seen in recent weeks. Both institutions may have had incentives for lower short-term prices before launching or pricing their structured products.

And this note may be just the beginning — traditional finance giants appear to be preparing an entire wave of Bitcoin-linked instruments behind the scenes.

#JPMorgan #BTC #BitcoinETF #Bitcoinnews #Crypto