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As Investors Add BTC To Long-Term Portfolios, Volatility Likely To Decrease
Summary: As Grayscale Bitcoin Trust gains an edge over spot BTC, analysts are likely to see increased hodling which may decrease BTC's daily volatility, as reported by Cryptoslate. The Grayscale Bitcoin Trust is popular among individuals looking to invest in Bitcoin who are intimidated by crypto exchanges or hoping to add BTC to their portfolios or ...
As Grayscale Bitcoin Trust gains an edge over spot BTC, analysts are likely to see increased hodling which may decrease BTC's daily volatility, as reported by Cryptoslate.
The Grayscale Bitcoin Trust is popular among individuals looking to invest in Bitcoin who are intimidated by crypto exchanges or hoping to add BTC to their portfolios or 401Ks.
The adoption of BTC into long term portfolios — like 401Ks — through the Grayscale Trust indicate that these investors are looking to hold on to their tokens over the course of years.
This hodling will decrease the amount of BTC in circulation and could decrease volatility.
By Emily Mason
Tags: Bitcoin,BTC,Grayscale
Link: As Investors Add BTC To Long-Term Portfolios, Volatility Likely To Decrease [Copy]