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The President of The ETF Store: If BTC does not crash, Vanguard Group may make concessions to launch Bitcoin and Ethereum ETF services next year

The President of The ETF Store: If BTC does not crash, Vanguard Group may make concessions to launch Bitcoin and Ethereum ETF services next year

Bitget2024/11/15 06:20
BTC-0.19%ETH+0.19%

The President of The ETF Store, Nate Geraci, posted on the X platform that investment giant Vanguard will eventually concede to offer spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund services on its brokerage platform. So far, the company has consistently refused to add crypto products and earlier this year publicly stated that adding crypto products to long-term portfolios is worthless. Bloomberg ETF analyst James Seyffart agreed with this view and asked when Vanguard would "surrender". Nate Geraci responded saying "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.
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