"Institutional dementia," said the top digital asset researcher at spot bitcoin ETF provider Van Eck.
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard.
Vanguard keeps investments like Bitcoin and Ethereum ETFs out of its offerings. Its decision is debatable but not new.
The post Bitcoin and Ethereum ETFs still off the table for Vanguard – it’s not surprising appeared first on Crypto Briefing.
Salim Ramji wants to stick with Vanguard’s investment philosophy which excludes offering Bitcoin as it is too speculative an asset.
Bitcoin prices are firm, steady above $60,000 despite the ultra-high selling pressure that saw it dump double digits from all-time highs. Despite the current development, one analyst, @el_crypto_prof, is bullish, predicting a welcomed price surge based on the BBWP indicator’s development. Signal Flashes Blue, Time To Buy Bitcoin? Taking to X, the analyst noted that […]
The former BlackRock executive is replacing outgoing CEO Tim Buckley, effective July 8.
Vanguard CEO Tim Buckley is resisting customer pressure to offer a spot Bitcoin ETF despite several of the firm’s competitors already offering them.
Vanguard, one of the largest asset managers in the world, is preventing customers from buying the newly approved bitcoin ETFs.