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ETFStore President: Three of the world’s five largest ETF issuers are still not involved in Bitcoin, and State Street has made a “major strategic mis

ETFStore President: Three of the world’s five largest ETF issuers are still not involved in Bitcoin, and State Street has made a “major strategic mis

CointimeCointime2024/02/03 03:29
By:Cointime

Nate Geraci, the President of ETFStore, posted on social media that three of the world's top five ETF issuers have yet to involve themselves in physically-backed Bitcoin ETFs. These three issuers are Vanguard, State Street, and Schwab. Vanguard may not be interested in Bitcoin as the company has not even launched a physically-backed gold ETF. Schwab plans to launch a Bitcoin ETF at a suitable time in the future, while State Street has made a "huge tactical error."

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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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