Bitcoin’s become so volatile that it looks like a steroidal ETF - News Summed Up

Bitcoin’s become so volatile that it looks like a steroidal ETF


And then there’s bitcoin volatility. Indeed, the closest match is an exchange-traded fund on leverage steroids that’s supposed to be highly volatile. The uptick in volatility looms over the bitcoin market’s legitimization. The CBOE/COMEX Gold Volatility Index has fallen 25% this year, reaching an all-time low last month. “The volatility of it in some ways could be turning away some traditional larger investors who say, ‘I can’t touch this, it’s too volatile.’” Bloomberg


Source: Mint June 29, 2017 13:07 UTC



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