CoinMeta Data: JPMorgan Asset Management has included Bitcoin in its long-term return forecasts for the first time, expecting a compound annual growth rate of 10% over the next 10 to 15 years. The firm believes that Bitcoin’s returns will surpass those of U.S. stocks, gold, and real estate, despite its higher volatility. JPMorgan In its 2027 Long-Term Capital Markets Assumptions report, it noted that Bitcoin has an annualized volatility of 55%, compared to 17.2% for gold. The firm expects annual returns of 7.5% for large U.S. stocks, 5.5% for gold, and 8.2% for real estate investment trusts ( REITs ). Despite its optimistic outlook on Bitcoin’s returns, JPMorgan has not included it in its standard portfolio allocation.