PANews reported on November 28 that, according to Cointelegraph, after JPMorgan Chase filed an application with the U.S. SEC to launch leveraged Bitcoin-backed notes, Bitcoin enthusiasts accused JPMorgan Chase of manipulating the rules behind the scenes to suppress Strategy and Digital Asset Reserves (DATs).

Previously, it was reported that JPMorgan Chase launched a structured note linked to the BlackRock Bitcoin ETF, matching the four-year halving cycle of Bitcoin .