Bloomberg Analyst: Vanguard May Open Bitcoin ETF Trading in the Next 1-2 Years
Bloomberg Senior ETF Analyst Eric Balchunas stated on the X platform that asset management giant Vanguard may never launch a Bitcoin exchange-traded fund, but it is expected that they will relax their stance in the next one to two years, allowing Bitcoin ETFs to trade on their platform. This is especially likely if Bitcoin prices reach $150,000 or $200,000, as they may grow tired of being constantly asked about it by clients. Additionally, their new CEO has ties to BlackRock, the parent company of IBIT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200
Data: AWE rises over 22%, SKY rises over 9%
BNB Chain: Zero-fee transfer promotion for USDC and USD1 extended until December 31
Crypto prices
More
