SK reports that Eric Balchunas, senior ETF analyst at Bloomberg, recently shared on platform X that Bitcoin's volatility has markedly declined since the launch of the spot Bitcoin ETF. Notably, the 90-day rolling volatility has dipped below 40 for the first time—down from over 60 at the time of the ETF’s debut.
For added perspective, Balchunas compared Bitcoin’s current volatility to that of GLD (the SPDR Gold Shares ETF). He noted that Bitcoin is now less than twice as volatile as gold, a significant drop from its earlier ratio of over three times.