JPMorgan adds bitcoin to long-term assumptions, sees top 10-year returns
- —JPMorgan added bitcoin to its long-term capital markets assumptions
- —Bitcoin is projected to post the highest 10-year return among assets
- —Model assumes 55% volatility for BTC versus 17.2% for gold
- —Hougan says volatility is overstated and returns understated
Why it matters: A top Wall Street bank formally embedding bitcoin in long-term allocation models could accelerate institutional capital inflows.
Source: PANews