POPA ReconJPMorgan Asset Management included Bitcoin for the first time in its 2027 Long-Term Capital Market Assumptions, the 31st edition for the next 10 to 15 years (JPM page). Its base case is 10% compound annual return for Bitcoin, the highest of 200 plus asset classes in the table (WuBlockchain). That compares with 7.5% for US large cap stocks, 5.5% for gold and 8.2% for US REITs in the same posts (WuBlockchain). The assumptions also list 20.9% arithmetic annual return with 55% annualized volatility (WuBlockchain). Cointelegraph summarized the same 10% base case as the highest in its comparison (Cointelegraph). Bitwise CIO Matt Hougan was quoted saying this positioned Bitcoin as the highest returning asset over the next decade (WuBlockchain). The supplied Russian summary adds context not in the English posts: Bitcoin was given a return range but not included in covariance matrices and model portfolios, and was the only digital asset in the document.
JPMorgan Asset Management included Bitcoin for the first time in its 2027 Long-Term Capital Market Assumptions, the 31st edition for the next 10 to 15 years (JPM page). Its base case is 10% compound annual return for Bitcoin, the highest of 200 plus asset classes in the table (WuBlockchain). That compares with 7.5% for US large cap stocks, 5.5% for gold and 8.2% for US REITs in the same posts (WuBlockchain). The assumptions also list 20.9% arithmetic annual return with 55% annualized volatility (WuBlockchain). Cointelegraph summarized the same 10% base case as the highest in its comparison (Cointelegraph). Bitwise CIO Matt Hougan was quoted saying this positioned Bitcoin as the highest returning asset over the next decade (WuBlockchain). The supplied Russian summary adds context not in the English posts: Bitcoin was given a return range but not included in covariance matrices and model portfolios, and was the only digital asset in the document.
$BTC$JPM