Will institutional Bitcoin ETFs reduce cryptocurrency volatility?
I've been investing in cryptocurrencies for five years, and I've seen both massive gains and painful crashes. But the recent SEC approval of spot Bitcoin ETFs has me wondering if these assets are finally becoming 'legitimate' in the eyes of traditional finance. Retail investors now pour billions into regulated funds, yet the underlying volatility hasn't changed—BTC still swings 10% in a day. If institutions hold these ETFs as long-term allocations, could they actually suppress the wild price swings, or will the speculative nature of crypto always dominate?