📊 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/(CryptoSlate)