JPMorgan Asset Management has introduced a 10% annualized return forecast for Bitcoin in its 2027 Long-Term Capital Market Assumptions, placing the cryptocurrency ahead of U.S. large-cap equities, gold and several traditional asset classes over the next 10 to 15 years. Released on October 19, the 31st edition marks JPMorgan’s first formal inclusion of Bitcoin in its long-term return projections, extending the bank’s institutional investment framework into cryptocurrency.