JPMorgan Includes Bitcoin in 2027 Long-Term Capital Market Assumptions, Projecting 10% Annualized Return

Odaily reports that Zach Pandl stated in a post that JPMorgan Asset Management has incorporated Bitcoin into its 2027 long-term capital market assumptions, projecting a baseline compound annual return of 10% for Bitcoin over the next decade, with an annualized volatility of 55%. According to Pandl, Bitcoin's expected return is higher than that of other asset classes, with its correlation to U.S. large-cap stocks estimated at 33%; JPMorgan remains cautious about the instability of this correlation and has not included Bitcoin in its main covariance matrix.