J.P. Morgan A2026-10-20 15:51:57J.P. Morgan Asset Management puts a 10-year return estimate on Bitcoin for the first timeJ.P. Morgan Asset Management has assigned a long-term return range to Bitcoin for the first time in its latest 2027 Long-Term Capital Market Assumptions report. According to CoinDesk, the firm’s base case projects Bitcoin to deliver a 10% annualized return over the next decade, above its forecasts for U.S. large-cap equities at 7.5% and gold at 5.5%. The report also outlines a bearish case of roughly 10% annual losses and a bullish case of about 17% a year. Even so, the asset manager did not endorse Bitcoin as a core portfolio holding. It said high volatility and unstable correlations with other assets remain obstacles to broader portfolio inclusion. CoinDesk also cited portfolio manager Sheena Shah and head of digital assets strategy Dennis Cristallo, who described Bitcoin as a speculative asset and a hedge against monetary easing rather than a diversification tool. They said Bitcoin lacks a strategic role in portfolios except in cases tied to fiat expansion or a view that assets will eventually trade on blockchain rails.310
Bitcoin2026-10-20 06:46:27Darkfost tracks Jamie Dimon’s shifting stance on Bitcoin as JPMorgan projects 10% long-term returnsCrypto analyst Darkfost posted on X to map how JPMorgan CEO Jamie Dimon has described Bitcoin over the years, showing a long arc from outright dismissal to a narrower acknowledgment of individual choice. In 2017, Dimon called Bitcoin a "fraud." In 2018, he said he regretted that remark and recognized the value of blockchain technology. From 2019 to 2020, he said Bitcoin was "not my cup of tea," then in 2021 called it "worthless." In 2023, he said he would ban Bitcoin and other cryptocurrencies if he had the power, and in 2024 compared Bitcoin to a "pet rock" and a Ponzi scheme. In 2025, while still criticizing Bitcoin as lacking value and being used for money laundering, he later said that everyone has the right to buy it. The timeline comes as JPMorgan Asset Management, in its Oct. 19 report titled Long-Term Capital Market Assumptions 2027, included Bitcoin in long-term return forecasts for the first time, projecting a 10% compound annual return over the next 10 to 15 years, above U.S. large-cap equities, gold, and U.S. REITs.450
JPMorgan Chas2026-10-14 23:25:19JPMorgan says outside AI agents will not get direct access to retail customer accountsJPMorgan Chase will not allow external AI agents to directly access accounts on behalf of retail customers, according to CEO Jamie Dimon. The comment came a few weeks after Meta released its Muse AI assistant. The update was carried by Techub, citing Finextra Crypto. Dimon’s remarks, as presented in the source, focused specifically on outside AI agents and retail account access. No additional policy details, rollout timeline, or technical framework were disclosed in the brief report. Meta’s Muse AI launch was cited only as the timing context for Dimon’s statement, with no further link between the two beyond that sequence. The report did not say the bank had changed any existing customer permissions, nor did it mention any product launch tied to the comment.430
JPMorgan2026-10-14 09:07:52JPMorgan blocks outside AI agents from moving client money while testing its own cash toolJPMorgan is drawing a hard line on how outside AI agents can interact with customer accounts, even as it rolls out an internal AI-based cash management product of its own. On Oct. 13, CEO Jamie Dimon said the bank will not allow third-party agents such as Meta Muse and Instinct to enter its banking systems to act on behalf of clients. Customers can still use authorized connections such as Plaid to let AI tools read account balances, but they cannot hand over online banking passwords for agent-driven logins, nor can those tools directly transfer funds or pay bills. Dimon said users who authorize an agent that later acts without permission may end up bearing responsibility. The issue matters because AI tools could make it easier for depositors to move cash into higher-yield accounts. The report noted that a standard Chase savings account offers a 0.01% annual yield, while some high-yield savings accounts in the market pay more than 4%. On a $10,000 deposit, that works out to about $1 a year versus more than $400. At the same time, JPMorgan has started a limited pilot of Smart Cash, its own AI wealth tool designed to forecast customer cash flow and automatically allocate funds to improve returns.320
JPMorgan2026-10-14 02:54:37JPMorgan blocks external AI agents from operating customer accounts, Dimon says risk is too highJPMorgan Chase will not allow outside AI agents to enter customer accounts and act on their behalf, CEO Jamie Dimon said on the bank’s third-quarter earnings call on Oct. 13. Speaking to analysts, Dimon said the bank would not let just any external agent into its systems because the setup is too risky for both customers and JPMorgan. He added that the bank does not want uncontrolled agents, especially if they could scale into the thousands. A JPMorgan spokesperson told CNBC that the bank currently blocks external AI agents from operating retail customer accounts. According to the spokesperson, customer protection remains the top priority, and the bank does not permit third parties to obtain customer banking credentials and log in for them because that is not secure. The spokesperson added that JPMorgan supports secure, customer-authorized data sharing through open banking providers and is working on ways for agents to connect safely. Under the current setup, AI agents may still be able to read account information such as Chase balances through services like Plaid, but they cannot transfer money or pay bills. The bank also said there is no timetable for allowing agents to directly operate accounts. Dimon said JPMorgan is already using AI agents internally and plans customer-facing applications, while CFO Jeremy Barnum said the bank has started a limited rollout of its in-house Smart Cash tool in recent weeks.290
JPMorgan2026-09-22 01:41:10JPMorgan CEO Jamie Dimon says hyperscale AI spending could reach $1 trillion next yearJPMorgan CEO Jamie Dimon said spending across the hyperscale AI ecosystem could reach $1 trillion next year as investment keeps accelerating. The remark was cited by Techub, which referenced CNBC. The brief points to continued capital inflows into large-scale AI infrastructure and related ecosystem buildout. No additional breakdown of the spending estimate was provided in the source. The report identifies Dimon as the speaker and frames the projection around next year, without adding further detail on companies, segments, or timelines beyond the headline estimate.610
BlackRock2026-09-06 22:08:06BlackRock and JPMorgan Asset Management shift toward emerging-market local debtBlackRock and JPMorgan Asset Management are gradually cutting exposure to U.S. fixed-income assets and adding emerging-market local-currency debt, according to a Techub report citing CryptoBriefing. Both firms see more attractive valuations in emerging-market bonds, while also targeting higher real yields. The report said BlackRock Global Fixed Income Chief Investment Officer Rick Rieder began reducing exposure to U.S. investment-grade bonds in February 2026. At JPMorgan Asset Management, Bob Michele has expressed a positive view on emerging-market local debt because of its relatively high real yields. The item also noted a separate warning from JPMorgan Chief Executive Officer Jamie Dimon, who previously said that persistent U.S. fiscal deficits and geopolitical risks could trigger a bond-market crisis. The report frames the portfolio shift as part of a broader preference for better-valued debt instruments outside the U.S. market.1080
G20 Summit2026-09-01 00:58:10Circle president and Ramp CEO expected at G20 summit with Wall Street executivesPolitico reported that a group of senior executives from banking, crypto, technology, manufacturing, and healthcare are expected to attend the G20 summit, including several names tied to digital assets. Among those expected at the meeting are JPMorgan Chase CEO Jamie Dimon and Goldman Sachs CEO David Solomon, alongside business leaders from multiple industries. The reported attendee list also includes Citi global head of digital assets Ryan Rugg, Ramp CEO Eric Glyman, and Circle President Heath Tarbert. The report places crypto-linked executives in the same gathering as some of the most prominent figures in traditional finance, though no additional details on agenda or speaking roles were disclosed in the source material.980
