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30 November 2020

Van Eck declares Bitcoin ‘less volatile than many’ stocks

Van Eck declares Bitcoin ‘less volatile than many’ stocks


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In a blog post the German issuer of exchange-traded products said that while Bitcoin has long been considered a “nascent and volatile asset outside of the traditional stock and capital markets,” the reality shows that the world’s largest cryptocurrency trades with volatility comparable to that of some of the largest companies in the world.

The research is notable, given that Van Eck’s flagship offerings are largely couched in an asset class long considered to be a competitor to Bitcoin: gold.

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