PANews reported on November 26 that JPMorgan Chase has launched a structured note linked to BlackRock's Spot Bitcoin ETF (IBIT), aligning with BTC's four-year halving cycle. If IBIT reaches or exceeds its set price by the end of 2026, investors will receive a guaranteed return of at least 16%; if the price falls below the set value, the note will extend to 2028, offering potential for amplified returns. The note offers some downside protection: if IBIT falls by no more than 30% in 2028, investors can recover their principal; if the decline exceeds 30%, the loss will be proportional to the decline. This product is suitable for investors who are bullish on the cyclical trend of BTC, but they should be aware of the associated risks.PANews reported on November 26 that JPMorgan Chase has launched a structured note linked to BlackRock's Spot Bitcoin ETF (IBIT), aligning with BTC's four-year halving cycle. If IBIT reaches or exceeds its set price by the end of 2026, investors will receive a guaranteed return of at least 16%; if the price falls below the set value, the note will extend to 2028, offering potential for amplified returns. The note offers some downside protection: if IBIT falls by no more than 30% in 2028, investors can recover their principal; if the decline exceeds 30%, the loss will be proportional to the decline. This product is suitable for investors who are bullish on the cyclical trend of BTC, but they should be aware of the associated risks.