Why Bitcoin Feels Quiet Heading Into 2026
Bitcoin volatility has dropped sharply, from roughly 70% to 45%, largely due to institutional behavior. More than 12.5% of BTC supply is now held by ETFs and corporate treasuries, many of which sell call options to generate yield.
This steady call selling increases option supply, suppresses volatility, and keeps price action more stable. Bitcoin is gradually evolving into a yield-focused institutional asset rather than a purely speculative one.