'This cycle bitcoin is a 40 vol asset, last one it was 60 and time before that it was 80' - Jim Ferraioli, Schwab's Dir of Crypto Research on btc getting more chill despite recent bear mkt, says it's suffering from strong momo elsewhere (AI, stocks). Also said 20% of the spot bitcoin ETF assets are via Schwab clients (I did not know that) w/ Ric Edelman on stage at DACFP.(Eric Balchunas)