Vanguard Group, Inc. is one of the world’s largest investment firms, with $7.7 trillion in assets under management (AUM). The finance giant shocked the market by refusing to offer the recently approved Bitcoin ETFs to its brokerage’s customers.
On January 11, Vanguard prevented its customers from gaining exposure to Bitcoin (BTC) through the now legally approved ETFs. As reported by The Block, a company’s spokesperson explained that crypto-related products do not align with its investment vision.
“We also have no plans to offer Vanguard Bitcoin ETFs or other crypto-related products – our perspective is long-standing that cryptocurrencies’ high volatility runs counter to our goal of helping investors generate positive real returns over the long term.”
— Vanguard’s spokesperson to The Block
However, Finbold retrieved public data on CNN Business from the leading Bitcoin mining companies in the United States, which feature The Vanguard Group, Inc. as a major shareholder i
We współpracy z: https://finbold.com/anti-bitcoin-finance-giant-vanguard-is-pumping-money-into-btc-mining-firms/
