Grayscale Reports Bitcoin Realized Volatility Fell to 43 Percent Over Past Year
The asset manager found Bitcoin's annual price fluctuations dropped within the range of individual S&P 500 equities as market infrastructure matured.
Bitcoin's one-year realized volatility dropped to 43 percent, placing price fluctuations within the range seen across S&P 500 stocks, according to an analysis released by Grayscale on October 15, 2026. The level marks a decline from 81 percent five years prior and sits beneath the ten-year historical average of 64 percent.
The report noted that Bitcoin's realized volatility was lower than that of 19 percent of equities in the S&P 500 index over the analyzed period. Grayscale attributed this stabilization to structural developments, including deeper market liquidity, increased institutional engagement, and the launch of spot exchange-traded funds.
The findings were published as Bitcoin traded around $82,285 following a temporary dip toward $80,000 triggered by September consumer price index data. Grayscale noted that while position-sizing techniques used for equities could apply to Bitcoin, a single year of observation does not capture performance across complete market cycles.
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