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Vanguard: Bitcoin is an immature asset class with little historical and intrinsic economic value

Vanguard: Bitcoin is an immature asset class with little historical and intrinsic economic value

CointimeCointime2024/01/28 01:34
By:Cointime

Bitcoin Magazine posted on social media that asset management giant Vanguard stated that they do not allow a spot Bitcoin ETF because it is "an immature asset class with almost no history, no inherent economic value, no cash flows, and could cause serious disruption in an investment portfolio."

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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.

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