banking giant JPMorgan Chase,Bitcoin 
$87,626.61It introduced a new investment product that offers returns in line with ‘s historical four-year block reward halving cycle. The structured financial instrument, which is indexed to BlackRock’s IBIT ETF, offers investors both protection and growth opportunities, with a minimum return guarantee of 16 percent in 2026 and potentially unlimited earnings opportunities until 2028. With this product, the bank offers high volatility exposure to institutional investors. cryptocurrency marketIt aims to provide strategic positioning opportunities in
Financial Architecture Suitable for Block Reward Halving Cycle
JPMorgan’s new product BitcoinIt was designed based on ‘s block reward halving process, which occurs every four years. The price of the historically largest cryptocurrency enters a correction process in the two years after the halving. Then, with the next block reward halving year, a new bull market It starts. Considering the last halving that took place in 2024, analysts predict a decline in 2026 and a new rise phase in 2028. JPMorgan’s product was designed to capture exactly this wave structure.
According to information provided by Bloomberg, the bank has submitted the structured financial instrument for regulatory approval. presented And IBIT ETFIt plans to offer two-stage returns to investors based on the performance of . If IBIT exceeds the set threshold at the end of 2026, investors will receive early repayment with a minimum return of 16 percent. However, if the price remains below the target, the financial instrument will remain valid until 2028, providing investors with a long-term, high-yield position opportunity.
Earnings Multiplier and Risk Balance
The second phase of the product is based on the scenario of Bitcoin regaining value by 2028. If the IBIT ETF exceeds JPMorgan’s price set for the end of 2028, investors will be able to earn 1.5 times their principal. Having no upper limit is a powerful Bitcoin rally If it happens, it means returns could increase significantly.
Still, the product has a certain risk profile. According to JPMorgan’s statement, if ETF If it loses more than 30 percent of its value by 2028, investors will suffer losses in proportion to the size of the loss. The bank warned: “If the financial instrument does not provide a principal guarantee and the final value remains below the barrier level, the investor may lose his entire principal.” this structure cryptocurrency While it offers partial protection against volatility, it also keeps the potential for high returns open.
