@BlokchainB, that the news you were talking about in this post?
The financial giant introduces a BTC-based product as tensions rise with Strategy and companies holding digital-asset treasuries.The Bitcoin community is in turmoil after JPMorgan announced the launch of a financial product tied to Bitcoin. The move has triggered accusations of conflicts of interest and market manipulation, with supporters of companies holding digital-asset treasuries denouncing what they call unfair tactics from the banking giant.JPMorgan has filed documentation with the U.S. Securities and Exchange Commission to launch Bitcoin-backed notes with financial leverage. The product is designed to amplify the asset’s price movements, offering investors 1.5 times Bitcoin’s gains or losses through December 2028. According to the official filings, the launch is scheduled for December 2025. Many bitcoiners argue that this financial instrument places the bank in direct competition with companies that hold bitcoin on their balance sheets.