Bloomberg Analyst: IBIT's Low Volatility Rise is Attracting Larger Scale Investments
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Eric Balchunas, a senior ETF analyst at Bloomberg, stated on the X platform that the low volatility rise of IBIT is attracting larger funds. The 90-day rolling volatility of IBIT is decreasing and has never been this low. This low volatility combined with price increases is attracting large investors who prefer "digital gold" over "tech stocks." This also explains why IBIT's inflows over the past six weeks have been significantly higher than the average level of other ETFs.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$81,433.27
+2.79%
Ethereum
ETH
$2,298.61
+2.12%
Tether USDt
USDT
$0.9997
+0.03%
XRP
XRP
$1.5
+5.69%
BNB
BNB
$681.01
+1.87%
USDC
USDC
$0.9997
+0.00%
Solana
SOL
$92.7
+2.06%
TRON
TRX
$0.3533
+0.97%
Dogecoin
DOGE
$0.1167
+3.71%
Hyperliquid
HYPE
$44
+13.64%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now