Markets· ★★★· bullish·

BlackRock: Bitcoin volatility fell from 80 to 35-40 on ETFs and options

  • —BTC volatility fell from ~80 to 35-40, according to Jacobs
  • —Drivers are growth in spot ETFs, options and an influx of long-term investors
  • —The ETF creation/redemption threshold fell to about $1.5 million
  • —BTC and ETH account for 2/3 to 3/4 of digital asset market capitalization
Why it matters: Lower volatility makes Bitcoin more attractive for institutional portfolios, but the estimates come from a BlackRock employee.
#BTC#ETH
Source: TokenPost
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