According to a post by Bloomberg Senior ETF Analyst Eric Balchunas on the X platform, Charles Schwab's Head of Crypto Research, Jim Ferraioli, stated that despite Bitcoin's recent bear market correction, its volatility continues to decline. In this cycle, Bitcoin has become an asset with only about 40% volatility, compared to around 60% in the previous cycle and as high as 80% in the cycle before that. Part of the reason for Bitcoin's recent underperformance is that capital is being drawn to the AI sector and the U.S. stock market, where strong momentum trading opportunities are diverting investors' attention away from crypto assets. Jim Ferraioli also revealed that approximately 20% of the total assets in U.S. spot Bitcoin ETFs currently come from Charles Schwab client holdings, reflecting the continued participation of traditional financial investors in Bitcoin ETF products. https://(wublock123.com)/news/fidelity-crypto-research-chief-bitcoin-weakness-due-to-ai-us-stocks-62493