Bitcoin volatility sinks to nine-month low; U.S. spot Bitcoin ETFs post nearly $1 billion May outflows
Bloomberg reported that the implied volatility index tracked by Bitcoin Volmex fell to 36.11 on Monday, its lowest reading since September last year and close to its lowest level since 2023. The decline signals softer market pricing for 30-day Bitcoin volatility. U.S. spot Bitcoin ETFs also logged about $1 billion of net outflows in May, snapping a two-month run of net inflows. Caroline Mauron, co-founder of Orbit Markets, said retail attention is rotating to other trading opportunities.