Bloomberg analyst: Lower volatility of BlackRock Bitcoin ETF may attract large investors

Odaily Planet Daily reported that Eric Balchunas, a senior ETF analyst at Bloomberg, stated in an article on X platform that the 90 day rolling volatility of BlackRock's Bitcoin exchange traded fund IBIT is decreasing and almost hitting a low point. This trend seems to be consistent with the rise in Bitcoin prices, which helps attract larger investors (who want digital gold, not tech stocks) and explains why IBIT's cash flow capture is much higher than the average level of the past six weeks.