#加密货币ETF上市热潮 This note is really something! JPMorgan really knows how to play the game—they’ve directly incorporated the Bitcoin halving cycle into a financial product. Down in 2026, up in 2028—they’ve clearly studied all the tricks of the crypto world. But products like this carry significant risk; if there’s really a 40% crash, you’ll have nowhere to cry. Looks like major institutions are starting to bet on Bitcoin’s long-term trend. Wonder if this will trigger a new wave of excitement. Everyone better keep their eyes open and not get fooled by flashy products.