Once seen as extremely volatile, Bitcoin is now viewed as a legitimate investment. Jefferies Financial Group’s launch in July 2025 marked a significant shift as it issued the first U.S. Structured note linked to a Bitcoin ETF.
Goldman Sachs, Morgan Stanley, and JPMorgan Chase have since sold structured notes collectively worth over 530 million USD, indicating increasing acceptance of Bitcoin-derived financial products.
These structured notes offer tailored returns and downside protection, making them attractive to investors with varying risk appetites.
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