The 60 day volatility of the BlackRock Bitcoin ETF is roughly the same as that of the US stock market

Odaily Planet Daily News: Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on X platform that when it comes to the volatility of Bitcoin, chart data shows that the 60 day volatility of BlackRock's Bitcoin Exchange Traded Fund IBIT was about 5.7 times that of SPX a year ago, but now it is only slightly higher than 1 (which means the volatility is roughly the same as the US stock market).