President of The ETF Store: If BTC does not collapse, Vanguard Group may make concessions and launch Bitcoin and Ethereum ETF business next year
Nate Geraci, President of The ETF Store, wrote on X platform that investment giant Vanguard will eventually make concessions to provide spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund services on its brokerage platform. The company has so far refused to add cryptocurrency products and publicly stated earlier this year that adding cryptocurrency products to long-term investment portfolios is not valuable. Bloomberg ETF analyst James Seyffart agrees with this view and asks when Vanguard will "surrender." Nate Geraci replied that "it will definitely happen next year, as long as BTC does not collapse by then."
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
North Carolina US passes Bitcoin Reserve bill
US Treasury Moves to Block Huione Group Over Alleged Ties to North Korean Crypto Laundering
The U.S. Treasury Department is targeting the Cambodia-based Huione Group over allegations of laundering billions in illicit cryptocurrency, including funds connected to North Korea’s Lazarus Group. They propose cutting the firm off from the American financial system.
UK Releases Draft Crypto Regulation Order, Excludes DeFi from Scope
The UK government has released a draft version of its much-anticipated legislation to bring cryptoasset activities under financial regulation, taking another step toward formal sector oversight. The proposal, which amends the Financial Services and Markets Act 2000 (Regulated Activities) Order (RAO), is now open for technical review.
South African scholar: US tariff policy is "self-destructive" and "cutting off its own retreat"
Trending news
MoreCrypto prices
More
