JPMorgan issues first long-term bitcoin return forecast, projecting 10% annually

J.P. Morgan Asset Management published its first long-term bitcoin return forecast, projecting roughly 10% annual returns. The firm also flagged 55% volatility as a barrier to broader portfolio adoption. The forecast is notable because a major Wall Street asset manager is formally modeling bitcoin, which could support institutional allocation narratives, though the high volatility caveat tempers the bullish signal.