JPMorgan sees bitcoin returns near 10% a year, but stays wary of its portfolio role
JPMorgan's research now gives a return range for bitcoin, with a headline view of about 10% a year over the next decade. That would put bitcoin ahead of its outlook for stocks, bonds and gold over the same period. The bank still urges caution about how much bitcoin belongs in a portfolio.
Why it matters
- The forecast ranks bitcoin above stocks, bonds and gold over the next ten years.
- It is the first time JPMorgan has put a range on bitcoin returns in its research.
- The bank's caution on bitcoin's portfolio role means traders should weigh the forecast carefully.
What to watch next
Watch for any follow-up JPMorgan research or shifts in its stance on how bitcoin should fit into portfolios.
