crypto

BlackRock: Bitcoin Volatility Drops to 35-40 Due to ETF Use

Source: Crypto.news
BlackRock logo with Bitcoin symbol in the background

BlackRock's Jay Jacobs reports Bitcoin volatility has decreased to 35-40, attributing the shift to large holders utilizing ETF wrappers for various financial activities.

BlackRock's Jay Jacobs stated that Bitcoin volatility has decreased to a range of 35–40. This reduction is attributed to large holders increasingly using ETF wrappers for activities such as lending, options, and liquidity management, according to Crypto.news.

For readers following broader crypto market news , this development can help frame the wider news context.

Read original source