The Bitcoin Volatility Index T3 has surged to its highest level since the collapse of FTX Exchange
The Bitcoin Volatility Index T3 has surged to its highest level since the collapse of FTX Exchange, indicating that the cryptocurrency market should be prepared for more Bitcoin volatility (Note: The T3 Bitcoin Volatility Index uses option prices to measure expected 30-day token fluctuations). BI analysts Eric Balchunas and Athanasios Psarofagis wrote in a report that Bitcoin ETF investors may be the strongest proponents of this asset and are unlikely to exit during fund withdrawal periods. ETFs are used as small "hot sauce" allocations in core portfolios, which means investors will have greater tolerance for volatility. Analysts added that Cathie Wood's ARK Innovation ETF also showed similar dynamics.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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