Customers of Vanguard, one of the world’s largest portfolio management companies, cannot invest in spot Bitcoin ETFs.
According to the statement made by Vanguard customer representatives, Vanguard, “highly speculative” And “not legally regulated” It does not include spot Bitcoin ETFs on its platform on the grounds that they are
The U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETF applications on Wednesday.
Bitcoin ETFs do not comply with the company’s long-term investment philosophy into different ETFs, such as leveraged ETFs. It was stated that it did not provide services for
A Vanguard spokesperson said, “Vanguard has no plans to offer a Bitcoin ETF or other crypto-related products, and we have long held the view that the high volatility of cryptocurrencies is counterproductive to our purpose of helping investors generate positive returns over the long term.” said.