Odaily News Standard Chartered Bank constructed a hypothetical index "Mag 7B" and replaced Tesla with Bitcoin, and found that it had higher returns and lower volatility. Bitcoin has a high correlation with Nasdaq and may be part of a technology stock portfolio. Since December 2017, Mag 7B has performed 5% better than Mag 7, and over the past 7 years, Mag 7B has averaged 1% higher returns per year. The addition of Bitcoin has reduced portfolio volatility and a higher information ratio. As Bitcoin trading becomes more convenient, it is expected to attract more institutional funds. (The Block)