Market Analysis
Neutral
BlackRock: Bitcoin's Financialization Accelerates as Volatility Decreases
BlackRock has stated that as Bitcoin spot ETFs have taken root, price volatility has decreased, marking the beginning of Bitcoin's financialization. On October 18 (local time), Jay Jacobs, head of BlackRock's U.S. equity ETF division, appeared on the Formpliano YouTube channel and said, "The reduction in Bitcoin's volatility signifies market maturity, which will lead to higher collateral value and lending utility for Bitcoin."
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 블랙록, “비트코인 금융화…담보 · 대출 활용성 높아졌다”