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歪文
看到10%年化,很多人会喊利好。灰度研究主管称,摩根大通已将比特币纳入2027年长期资本市场假设,预期年化回报10%,高于其他资产类别。
反过来想一下,我觉得短期意义被高估了:一是研究假设不等于新增资金;二是进入跨资产比较,也意味着要和其他资产争配置预算。我会盯实际配置,不把机构预期当进场通知。

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