One of the most significant changes ever to occur in the crypto market has just been announced as JPMorgan has officially applied to launch a giant 4 trillion leverage $BTC product. 

This action is a direct linkage of the performance of the product to the BlackRock Bitcoin ETF and represents a potent indication of how big institutions are responding to $BTC .

This type of filing points out to the fact that the traditional finance is increasingly going towards the digital asset space. The move by a giant like JPMorgan to position itself around Bitcoin using a leveraged instrument is a good signal that the asset will be trusted in the long-run.

Market structure is still evolving as the level of institutional involvement increases. These huge financial artifacts can introduce fresh liquidity, volatility and focus to the crypto industry.This is a giant step and may change the Bitcoin and wider crypto acceptance landscape in future.