Eric Balchunas on X: "JPMorgan is offering institutional clients a structured Bitcoin product using $IBIT that pays off big if Bitcoin takes off in 2028 w/ some downside protections and parameters baked in. Heres how it works via @TheBlock__"
JPMorgan is offering institutional clients a structured Bitcoin product using $IBIT that pays off big if Bitcoin takes off in 2028 w/ some downside protections and parameters baked in. Heres how it works via @TheBlock__
JPMorgan is offering institutional clients a structured Bitcoin product using $IBIT that pays off big if Bitcoin takes off in 2028 w/ some downside protections and parameters baked in. Heres how it works via @TheBlock__
JP MORGAN APPLIES TO LAUNCH NEW BITCOIN-BACKED BOND
The Financial Industrial Complex (FIC) has rolled out yet another speculative, leveraged paper product designed to wedge itself between you and your Bitcoin.
The FIC is now openly testing a full suite of Bitcoin-linked
JP Morgan’s ‘protected’ Bitcoin ETF comes with a 20% cap on your upside.
They protect you from downside they control the timing of.
By 2028 Bitcoin will be up 500%+. You’ll get 20%.
That’s not protection. That’s profit-taking from retail.
Real Bitcoin has no cap. 🧠