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ETFStore President: Three out of the top five global ETF issuers have not yet involved Bitcoin, State Street has made a "major strategic misjudgment"

ETFStore President: Three out of the top five global ETF issuers have not yet involved Bitcoin, State Street has made a "major strategic misjudgment"

Bitget2024/02/03 05:46
BTC-0.36%

ETFStore President Nate Geraci posted on social media that currently, three of the world's top five ETF issuers have not yet involved in spot Bitcoin ETFs. They are Vanguard, State Street and Schwab. Among them, Vanguard may not intend to get involved with Bitcoin because the company doesn't even have a physical gold ETF; Schwab will launch a Bitcoin ETF at an appropriate time in the future, while State Street has made a "huge tactical error".

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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