On May 29, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform stating, "The low volatility rise of IBIT is attracting larger funds to get on board. The 90-day rolling volatility of IBIT is decreasing and has never been this low. This low volatility combined with the price rise is attracting large investors who prefer 'digital gold' rather than 'tech stocks'. This also explains why the fund inflows attracted by IBIT over the past six weeks have been far above the average level of other ETFs."
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Bloomberg analyst: The low fluctuation rise of IBIT is attracting larger scale funds to get on board.
On May 29, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform stating, "The low volatility rise of IBIT is attracting larger funds to get on board. The 90-day rolling volatility of IBIT is decreasing and has never been this low. This low volatility combined with the price rise is attracting large investors who prefer 'digital gold' rather than 'tech stocks'. This also explains why the fund inflows attracted by IBIT over the past six weeks have been far above the average level of other ETFs."