JPMorgan Chase has filed for a leveraged Bitcoin product tied to BlackRock’s iShares Bitcoin Trust ETF, offering 1.5x uncapped returns if BTC surges by 2028, but with significant risks if prices drop sharply by 2026. This structured note allows investors to amplify gains on the leading cryptocurrency. Product Structure: Investors bet on Bitcoin via the […]
Source: https://en.coinotag.com/jpmorgan-files-for-leveraged-bitcoin-product-with-potential-uncapped-gains-by-2028
BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
