Spoiler: Wall Street loves Bitcoin (fees)
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Jamie Dimon once called Bitcoin a “pet rock” and a “fraud.” Now, his trading desk is wrapping it in a bow and selling it to the ultra-wealthy.
By launching an ”Auto Callable Accelerated Barrier Note“ linked to BlackRock’s iShares Bitcoin Trust (IBIT), they are structurally transforming it into a yield-bearing, volatility-dampened instrument for the count…
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