Part 7/15:

Nearly simultaneously, JP Morgan filed SEC documents for a leveraged Bitcoin-linked structured note tied to BlackRock’s ETF. These structured products give retail investors the illusion of Bitcoin exposure while actually operating in a purely synthetic realm. They do not buy or hold real Bitcoin; instead, they rely on claims that can be manipulated, much like the paper gold system that underpins the current gold market.

Other coordinated actions included short campaigns against MicroStrategy and mass shorting initiatives. By late 2025, over 10% of MicroStrategy’s float was shorted—an unprecedented level—mirroring tactics used historically against markets like silver in 1980.