Vanguard: Bitcoin is an immature asset class with little historical and intrinsic economic value
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."
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
Bitget Launches PLUME On-chain Earn With 4.5% APR
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Subscribe to UNITE Savings and enjoy up to 15% APR
Trending news
MoreCrypto prices
More
