Adam here. 

Bitcoin is an oasis of calm these days — sort of.

The digital asset’s 12-month volatility reached its lowest level in 12 years this week. It still had significant spikes in volatility, but the general trajectory is down.

Savvy traders like volatility, as it poses opportunities for better returns with the right strategy. But its not everyone’s cup of tea.

Traditional portfolio managers tend to avoid volatility. These asset managers typically prefer 60/40 portfolios, split between stocks and bonds.

With Bitcoin’s volatility falling and the advent of spot Bitcoin ETFs in the US, that might change.

Investment advisers will start to incorporate Bitcoin into their asset allocation models now, VanEck’s head of digital asset research Matthew Sigel, told DL News last month.

“There’s going to be 60/38/2 models that incorporate Bitcoin and they’re going to come from some of the largest firms in the world,” he said.

Bitcoin ETFs had another good week, with BlackRock crossing $3 billion in assets under management in its fund and outflows from Grayscale’s GBTC slowing down.

Bettors put millions on Michelle Obama winning presidential election

El Salvador’s Bitcoin president heads for re-election — who is Nayib Bukele?

Nayib Bukele is enjoying a level of popularity most elected leaders can only dream about. The 42-year-old president of El Salvador has a 68% lead in the polls over his opponents as the Central American nation heads toward a general election on February 4.

Trade volume for Ondo Finance’s newly-launched governance token topped $1 billion in its first week, a sign investors have high hopes for projects seeking to tokenise real-world assets such as stocks and bonds.

Post of the week

The Super Bowl is back next week. FTX isn’t around to buy up airtime this year, but the firm’s favourite football player is back to your screens. Tom Brady isn’t talking crypto now though; instead he’s pushing MGM’s online sportsbook.