The CEO of Vanguard, the giant asset management company that opposes the spot Bitcoin exchange-traded fund (ETF), will leave his post this year.
CEO of Vanguard, which stands out as the world’s second largest asset management company Tim Buckley It was announced that he will leave his post this year. In the announcement made by the company, the new CEO of their search lasting specified. Tim Buckley, known for his anti-Bitcoin attitude, opposed the company’s issuance of spot Bitcoin ETF.
While its biggest rivals, BlackRock and Fidelity, are attempting to issue spot Bitcoin ETFs, Vanguard remains on the outside.It is still unclear whether he will focus on this field with the new CEO..
About subject in the statement found Bloomberg senior analyst James SeyffartVOO, one of Vanguard’s ETFs that follows the S&P 500 Index, $15.7 billion He reminded that it hosts net asset inflow.
James Seyffart for Vanguardvery Good casewhile signaling They may not need a spot Bitcoin ETF hinted.