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According to the bank's analysis, Bitcoin has outperformed the S&P 500 and gold, as well as real estate and the Nasdaq 100.
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Additionally, it stated the first cryptocurrency outperformed MSCI Emerging Markets Index, MSCI Developed Markets, and 10-year US Treasuries.
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The return on Bitcoin's investment was 27%, with an underlying risk ratio of 3.1. Comparatively, other assets have a lot to learn from in this respect.
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For instance, MSCI is in second position with a total return of just 8 per cent.
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Bitcoin has grown by more than 40% over the last year and has crossed the $23,000 mark.
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The only traditional asset that has experienced an increase of this magnitude is just the beginning of 2023.
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