JPMorgan Launches Bitcoin-Linked Notes With Potential 1.5x Upside

JPMorgan Chase has introduced a new type of structured note tied to the performance of BlackRock’s iShares Bitcoin Trust (IBIT), offering potential gains of up to 1.5x the upside if BTC prices increase over time. These notes are designed to link investors’ returns directly to the ETF, with the principal protected against losses of up to a 30% decline in IBIT value. While structured note buyers gain exposure to the Bitcoin market, they do so through a capped upside and conditional protection mechanisms.