The notes provide early call potential in 2026 and uncapped 1.5x returns by 2028 but carry significant downside risk if Bitcoin falls sharply.

J.P. Morga n  has filed with the US Securities and Exchange Commission  (SEC)  for a leveraged structured note product tied to BlackRock’s iShares Bitcoin Trust ETF (IBIT), offering investors exposure to Bitcoin’s price movements through a regulated instrument. The filing outlines a high-risk, high-reward structure  The filing outlines a high-risk, high-reward structure aimed at sophisticated investors seeking amplified returns on cryptocurrency-linked assets.