Low volatility rally in BlackRock's IBIT attracting larger investors

Bloomberg ETF analyst Eric Balchunas noted on X that the 90-day rolling volatility of BlackRock's spot Bitcoin ETF (IBIT) has been steadily decreasing, making it more appealing to larger investors seeking digital gold rather than tech stocks. This trend has contributed to IBIT’s stronger flow capture compared to peers over the past six weeks, Balchunas concluded.