JPMorgan Asset Management just released its 2027 Long-Term Capital Market Assumptions, the 31st edition of a report institutional allocators build their models around. It contains thirteen asset classes, ranked by expected compound return over the next decade. JPMorgan projects a whopping 10% annually for Bitcoin over 10 to 15 years. REITs come second at 8.2%, small caps 7.7%, U.S. large caps 7.5%. Gold lands at 5.5%. Over a decade of compounding, $100 in Bitcoin becomes $259 against $206 in large caps and $171 in gold.