📊 DATA: JPMorgan’s $21.4M IBIT-linked note missed its Aug. 26 early-exit trigger with IBIT 30.2% below the required price.

Investors now remain exposed until 2028 unless they find secondary liquidity. Separately, JPMorgan’s next Bitcoin-linked structure proposes a 6% annual index deduction.

https://cryptoslate.com/jpmorgans-21-million-ibit-bitcoin-etf-bet-just-missed-its-escape-hatch-the-next-wave-adds-a-6-cost/

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