JPMorgan launches structured notes linked to BlackRock's Bitcoin ETF, matching the BTC four-year halving cycle

JPMorgan has launched a structured note linked to BlackRock's spot Bitcoin ETF (IBIT), which aligns with BTC's four-year halving cycle.

If IBIT reaches or exceeds the set price by the end of 2026, investors will receive a guaranteed return of at least 16%; if the price is below the set value, the note will extend to 2028, providing potential amplified return opportunities. The note offers some downside protection; if IBIT's decline does not exceed 30% in 2028, investors can recover their principal; if the decline exceeds 30%, losses will be proportional to the decline. This product is suitable for investors optimistic about BTC's cyclical trends, but related risks should be noted.