And then there’s bitcoin volatility.With virtual currency flash crashes and a recent string of ransomware attacks all but obliterating bitcoin’s incremental stability, it’s become hard to find a comparable asset. And the volatility spread between bitcoin and the inverse short version of the fund, JDST, is the smallest in more than three years.The uptick in volatility looms over the bitcoin market’s legitimization. “But there are all sorts of small steps that start legitimizing a market, and by design bitcoin is inherently unregulated. The CBOE/COMEX Gold Volatility Index has fallen 25 per cent 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.’”

Source: Economic Times June 29, 2017 14:03 UTC