Last week, Vanguard caused a stir when it blatantly refused to list the new Bitcoin ETFs.
The acceptance of Bitcoin ETFs by traditional institutions has only served to inflame animosity.
The $8.6 trillion asset management behemoth Vanguard Group Inc. has taken a conservative stance on the crypto market, especially in the wake of the U.S launch of a spot Bitcoin ETF.
“Avoid Bitcoin like the plague,” reportedly cautioned renowned investor Jack Bogle in 2017. Sticking to the cautious investment strategy of its late founder, Vanguard Group Inc. continues to infuriate the crypto world even after more than six years.
Conventional Investing Approach
Last week, Vanguard caused a stir when it blatantly refused to list the new Bitcoin ETFs on its massive trading platform, amidst the widespread excitement around the long-awaited introduction of the first Bitcoin ETFs in the U.S.
Not only did the business opt out of spot Bitcoin ETF products, but it also pulled futures-backed Bitcoin funds fro
We współpracy z: https://thenewscrypto.com/vanguards-spot-bitcoin-etf-rejection-ignites-backlash/
