Odaily Planet Daily report: Bitwise Chief Investment Officer Matt Hougan shared J.P. Morgan Asset Management’s report, “Long-Term Capital Market Assumptions 2027,” on X. The report forecasts that Bitcoin’s annualized compound return over the next 10 years will be 10%, higher than the 7.5% for U.S. large-cap stocks and 5.5% for gold, making it the highest among all asset classes listed in the report.
The report also projects an annualized arithmetic return of 20.9% for Bitcoin, with an annualized volatility of 55%, significantly higher than the 18% for U.S. large-cap stocks and 17.2% for gold.
Matt Hougan joked that traditional financial institutions have gone from initially ignoring, mocking, and opposing Bitcoin to now incorporating it into long-term capital market forecasts and predicting it will become the top-performing asset class over the next decade.