Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow, May 20 — According to Bloomberg senior ETF analyst Eric Balchunas on social media, Vanguard may never launch a Bitcoin ETF product, but could relax restrictions within the next one to two years to allow trading of Bitcoin ETFs on its platform.
He noted that such a change could happen if Bitcoin reaches $150,000–$200,000, amid ongoing client inquiries, especially given that Vanguard’s incoming CEO has ties to BlackRock, the parent company of IBIT.
According to Bloomberg senior ETF analyst Eric Balchunas on social media, Vanguard may never launch a bitcoin ETF product, but could relax restrictions within the next one to two years to allow trading of bitcoin ETFs on its platform. He noted that such a change might occur if bitcoin reaches $150,000–200,000, amid ongoing client inquiries and given that its new CEO has ties to BlackRock, the parent company of IBIT.
Navigating Web3 tides with focused insights
