{"id":96841,"date":"2026-05-29T14:48:05","date_gmt":"2026-05-29T14:48:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=96841"},"modified":"2026-05-29T14:48:05","modified_gmt":"2026-05-29T14:48:05","slug":"bitcoin-etfs-are-starting-to-look-more-like-gold-than-tech-and-wall-street-may-love-it","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=96841","title":{"rendered":"Bitcoin ETFs Are Starting To Look More Like Gold Than Tech \u2014 And Wall Street May Love It"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/etfs\">Bitcoin ETFs<\/a> may finally be evolving into the asset institutional investors wanted all along \u2014 not a high-beta tech trade, but a gold-like portfolio diversifier.<\/p>\n<p>That shift is becoming increasingly visible in market behavior. <em>Bloomberg Intelligence <\/em>analyst <strong>Eric Balchunas<\/strong> recently pointed out that the 60-day historical volatility gap between<strong> iShares Bitcoin Trust ETF <\/strong><a class=\"ticker-link\" data-ticker=\"IBIT\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\">IBIT<\/a>) and <strong>SPDR Gold Trust<\/strong> <a class=\"ticker-link\" data-ticker=\"GLD\" data-exchange=\"ARCA\" href=\"https:\/\/www.benzinga.com\/quote\/GLD\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/GLD\">GLD<\/a>) has narrowed sharply since the launch of spot Bitcoin ETFs in January 2024.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin&#8217;s volatility and correlation is getting closer and closer to gold&#8217;s, which is underreported and perhaps one positive from this rough patch (altho believe it or not <a href=\"https:\/\/x.com\/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IBIT<\/a> is STILL outperforming stocks since Iran war started and &gt;2x SPY since Blk ETF filing). Here&#8217;s 60-day\u2026 <a href=\"https:\/\/t.co\/KCkA80JlqM\">pic.twitter.com\/KCkA80JlqM<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/x.com\/EricBalchunas\/status\/2060334271017963578?ref_src=twsrc%5Etfw\">May 29, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p>IBIT&#8217;s 60-day historical volatility has fallen from peaks above 66 to nearly 34, while GLD&#8217;s volatility has climbed from around 10 to above 27 during the same period. The convergence suggests Bitcoin may be maturing from a speculative momentum trade into a more stable macro asset.<\/p>\n<p>Balchunas also noted that despite recent geopolitical volatility tied to the Iran conflict, IBIT has still outperformed broader equities since the tensions escalated. Since BlackRock first filed for a spot Bitcoin ETF in June 2023, IBIT has delivered more than &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/etfs\/sector-etfs\/26\/05\/52874299\/bitcoin-etfs-are-starting-to-look-more-like-gold-than-tech-and-wall-street-may-love-it?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" etfs are starting to look more like gold than tech and wall street may love it>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin ETFs may finally be evolving into the asset institutional investors wanted all along \u2014 not a high-beta tech trade, but a gold-like portfolio diversifier. That shift is becoming increasingly visible in market behavior. Bloomberg Intelligence analyst Eric Balchunas recently pointed out that the 60-day historical volatility gap between iShares Bitcoin Trust ETF (NASDAQ:IBIT) and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-96841","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/96841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96841"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/96841\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}