BlockBeats News, August 5, Bloomberg ETF senior analyst Eric Balchunas posted on social media, "Since the launch of the Bitcoin ETF, its volatility has significantly decreased. The 90-day rolling volatility has fallen below 40 for the first time, while it was above 60 at the time of the ETF launch. For comparison, combined with GLD data, Bitcoin's volatility is now less than twice that of gold, whereas it used to be over three times."