Key Takeaways
- • BlackRock asked the SEC on October 19 to approve a Bitcoin fund with ticker PBIT, its third Bitcoin fund, per The Block; its first, IBIT, already holds more than $65 billion of investor money.
- • The PBIT structure caps losses at about 10% per slice before fees, but also caps gains, according to Unchained.
- • JPMorgan brought its JPM Coin deposit token to the Ethereum main chain on October 19, per CoinDesk; ETH trades at $2,459, about 51.35% below its $4,953.73 August 2025 peak, per CoinMarketCap.
- • Zcash developers outlined a plan on October 19 to keep ZEC swaps private even against future quantum computers, per CoinDesk; ZEC trades near $1,211, about 65% below its $3,191.93 peak, per CoinGecko.
- • This article is a sponsored promotion for the Pepeto presale, which it claims has raised over $11.2 million; its promotional claims of 100x returns are unverified and are not endorsed by this summary.
Summary
BlackRock filed with the SEC on October 19 for a new Bitcoin fund under the ticker PBIT, according to The Block. It is the firm's third Bitcoin fund, following IBIT, which already holds more than $65 billion in investor assets. Unchained explained that the PBIT structure limits losses to roughly 10% per slice before fees, while also capping upside gains.
The article, published by TechBullion, pitches a portfolio framework that pairs a stable core of large-cap coins with a smaller growth allocation. Within that framework it highlights Ethereum, where JPMorgan moved its JPM Coin deposit token onto the Ethereum main chain on October 19, according to CoinDesk. ETH traded at $2,459 per CoinMarketCap, roughly 51.35% below its $4,953.73 peak from August 2025.
The piece also covers Zcash, whose developers on October 19 laid out a plan to keep ZEC swaps private against future quantum computing threats, per CoinDesk. ZEC traded near $1,211 per CoinGecko, about 65% below its $3,191.93 peak.
A substantial share of the article promotes Pepeto, a presale meme token. The piece claims the presale has topped $11.2 million, describes a cross-chain bridge it says charges no fee, and cites analyst projections of 100x. These claims originate with the promoter and are not independently verified; the article itself carries a not-financial-advice disclaimer. Readers should treat the Pepeto material as marketing rather than reporting.
The article, published by TechBullion, pitches a portfolio framework that pairs a stable core of large-cap coins with a smaller growth allocation. Within that framework it highlights Ethereum, where JPMorgan moved its JPM Coin deposit token onto the Ethereum main chain on October 19, according to CoinDesk. ETH traded at $2,459 per CoinMarketCap, roughly 51.35% below its $4,953.73 peak from August 2025.
The piece also covers Zcash, whose developers on October 19 laid out a plan to keep ZEC swaps private against future quantum computing threats, per CoinDesk. ZEC traded near $1,211 per CoinGecko, about 65% below its $3,191.93 peak.
A substantial share of the article promotes Pepeto, a presale meme token. The piece claims the presale has topped $11.2 million, describes a cross-chain bridge it says charges no fee, and cites analyst projections of 100x. These claims originate with the promoter and are not independently verified; the article itself carries a not-financial-advice disclaimer. Readers should treat the Pepeto material as marketing rather than reporting.
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