PANews reported on May 5th that, according to Cointelegraph, data from Fidelity Digital Assets shows that a traditional 60/40 portfolio with 3% Bitcoin would have seen its annualized return increase from 9.4% to 14.6% over the past 10 years.

Data shows that after allocating 3% to Bitcoin, the portfolio's annualized volatility increased from 10.26% to 12.04%, the Sharpe ratio improved from 0.72 to 1.01, and the maximum drawdown widened from 20.64% to 21.79%. Furthermore, if the Bitcoin allocation were increased to 10%, the portfolio's annualized return would rise to 24.09%, but the annualized volatility and maximum drawdown would also increase to 18.41% and 26.72%, respectively.