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Bitcoin Volatility Hits 20-Month Low as ETF Inflows Approach $50 Billion
Bitcoin’s volatility has fallen to its lowest in 20 months, amidst the lure of institutional interest in the digital coin. United States Spot Bitcoin ETFs are approaching net inflows of $50 billion, which indicates that the cryptocurrency is in demand by large institutional investors.
ContentsVolatility Declines While On-Chain Activity SlowsETF Inflows Break Records as Institutional Demand RisesMarket Faces Resistance as Kiyosaki Reaffirms Bullish Outlook## Volatility Declines While On-Chain Activity Slows
The implied volatility of BTC, that is, the anticipated volatility of BTC-derived item costs in the time frames of a week, three months, half a year, and a year has collapsed to the lowest value recorded since October 2023. The price of Bitcoin at that time was about a third of what it is today. The Bitcoin empire was accompanied by restrictive volatility as well as a low presence of transactional activity in the Bitcoin network. In June registered sales dipped by fifteen percent to their lowest level since late 2023. The decreased activity has seen miners process abnormally low-fee transactions, which constitutes a slowdown in network demand.
ETF Inflows Break Records as Institutional Demand Rises
Institutional investors are capitalizing heavily on Bitcoin despite the decline in on-chain activity. Over a two-day period last week, net inflows into spot Bitcoin ETFs in the US surpassed $1 billion, and the total aggregation is approaching fifty billion dollars. The total amount of Bitcoin (around $137.6 billion) that these funds have is a record high for ETFs
Market Faces Resistance as Kiyosaki Reaffirms Bullish Outlook
There is mixed sentiment in the marketplace as Bitcoin attempts to push past the $109,500 resistance zone. Some analysts have warned that the price is likely to correct itself to the range of $90,000, another point that is drawing a red flag on price action in the short term. However, author and investor Robert Kiyosaki rejects these bearish predictions
On X, he lamented against the predictions of crashes being created out of fear to scare away investors. Kiyosaki reaffirmed his long-range bullishness in Bitcoin and termed it a buying opportunity disguised as any significant decline. He still estimates that the value of BTC may reach 1 million by 2030. When it comes to the short term, he was more optimistic about silver as he predicted its threefold growth to $105 before year-end. At the same time, the weakened US dollar index may present another support line for Bitcoin prices.