{"id":117419,"date":"2020-11-22T03:42:34","date_gmt":"2020-11-22T00:42:34","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/van-eck-declares-bitcoin-less-volatile-than-many-stocks\/"},"modified":"2020-11-22T03:42:34","modified_gmt":"2020-11-22T00:42:34","slug":"van-eck-declares-bitcoin-less-volatile-than-many-stocks","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/van-eck-declares-bitcoin-less-volatile-than-many-stocks\/","title":{"rendered":"# Van Eck declares Bitcoin \u2018less volatile than many\u2019 stocks"},"content":{"rendered":"

“# Van Eck declares Bitcoin \u2018less volatile than many\u2019 stocks <\/strong>”
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On Friday, investment management firm Van Eck released new research indicating that Bitcoin\u2019s price movements are less volatile than between a quarter and a third of the stocks listed on the S&P 500.\u00a0<\/p>\n

In a blog post<\/a> the German issuer of exchange-traded products said that while Bitcoin has long been considered a \u201cnascent and volatile asset outside of the traditional stock and capital markets,\u201d the reality shows that the world\u2019s largest cryptocurrency trades with volatility comparable to that of some of the largest companies in the world. <\/p>\n

On a year-to-date basis, 29% of S&P 500 stocks experienced more volatile price fluctuations than the digital currency, while 22% did the same on a 90-day basis, said Van Eck. <\/p>\n

The research is notable, given that Van Eck\u2019s flagship offerings are largely couched in an asset class long considered to be a competitor to Bitcoin: gold. <\/p>\n

Of Van Eck\u2019s nearly $50 billion in assets under management, the majority are related to gold funds, and the company founded both the first gold stock fund in 1968 (INIVX), and the first \u2014 now wildly popular \u2014 gold miners ETF in 2006 (GDX). <\/p>\n

Despite their emphasis on bullion, Van Eck has never been shy about exploring Bitcoin, however. The company currently offers a Bitcoin exchange-traded product to institutional investors, and has previously sent app<\/a>lications to the SEC to offer a Bitcoin ETF. <\/p>\n

The company also recently issued a report arguing that institutional investors should consider having Bitcoin on their books. <\/p>\n

Perhaps, given the regulatory hurdles Van Eck encountered during their last Bitcoin ETF venture, this latest research might be aimed more at assuaging SEC fears than those of investors, who to date have demonstrated a remarkable appetite for BTC-backed securities.<\/p>\n