Bitwise CIO: From Neglect to Optimism — JPMorgan Predicts Bitcoin Will Be the Best-Performing Asset Over the Next 10 Years

Odaily reports that Bitwise Chief Investment Officer Matt Hougan shared on X a report titled "2027 Long-Term Capital Market Assumptions" published by JPMorgan Asset Management. The report projects that Bitcoin will deliver an annualized compound return of 10% over the next 10 years, higher than the 7.5% for large-cap U.S. equities and 5.5% for gold, making it the highest among the asset classes listed in the report.

The report also projects that Bitcoin's annualized arithmetic return will be 20.9%, with annualized volatility reaching 55%, significantly higher than the 18% for large-cap U.S. equities and 17.2% for gold.

Matt Hougan remarked humorously on this, noting that traditional financial institutions have gone from initially ignoring, ridiculing, and opposing Bitcoin to now incorporating it into long-term capital market forecasts and projecting it to become the best-performing asset class over the next 10 years.