The post Crypto News: Scaramucci Hails JPMorgan Filing as Major Win for Bitcoin Market appeared on BitcoinEthereumNews.com.

JPMorgan files for Bitcoin-backed structured notes tied to BlackRock’s ETF, offering up to 1.5x leverage and 16% returns by 2028.   SkyBridge Capital founder, Anthony Scaramucci, has praised JPMorgan’s recent filing for Bitcoin-backed structured notes as a significant development for the cryptocurrency market. The filing signals increasing institutional interest in Bitcoin, showcasing how the largest U.S. bank is embracing digital assets. Scaramucci, a long-time Bitcoin advocate, highlighted that this move reflects Bitcoin’s growing importance in the traditional financial world. As more financial institutions show interest, Bitcoin’s role as a legitimate asset is becoming clearer. JPMorgan’s Bitcoin-Backed Structured Notes Filing JPMorgan has filed to offer Bitcoin-backed structured notes that will track the performance of BlackRock’s Bitcoin ETF (IBIT). The notes are designed to give institutional investors exposure to Bitcoin without directly holding the asset. This filing comes as part of JPMorgan’s broader strategy to integrate cryptocurrency into mainstream finance. Investors who hold the notes until 2028 could potentially see up to 1.5x leverage on their returns, depending on Bitcoin’s price performance. The notes will offer up to 16% returns if the price of IBIT meets specific targets by December 2026. However, if Bitcoin’s price drops significantly, investors could face losses. The downside risk is limited, as the filing includes a protective mechanism that guarantees principal repayment if Bitcoin’s price does not fall by more than 30% by 2028. This feature makes the product attractive to conservative investors who are interested in Bitcoin but wary of its volatility. JPMorgan filing is part of its ongoing efforts to provide institutional clients with access to Bitcoin-related products. The bank has already made moves to allow clients to use Bitcoin as collateral. This latest filing suggests that Bitcoin is no longer seen as a speculative asset but as a serious investment opportunity in the eyes…

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Filed under: News - @ November 27, 2025 5:24 am