The 60-day volatility of BlackRock's Bitcoin ETF has roughly matched that of the US stock market.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated in a post on the X platform that regarding Bitcoin's volatility, the charts show that BlackRock's Bitcoin ETF IBIT had a 60-day volatility about 5.7 times that of the SPX a year ago, but now it is just slightly above 1 (indicating that the volatility is roughly similar to that of the U.S. stock market).