NEW Bitcoin ETF Inflows Coming!? Watch Out For Vanguard!!
🚨 New Video Alert!! 🚨
When the spot Bitcoin ETFs were approved at the start of the year, asset managers such as Blackrock were racing to get them on offer to their customers.
Not all of them, though. One of the largest asset managers in the world, Vanguard, refused to offer this product to their investors, and continues to refuse to this day. Tim Buckley, Vanguard’s “current” CEO, has repeatedly shared his view that Bitcoin does not belong in any long-term portfolio.
We say “current” in quotation marks, because Tim is now stepping down from the position, set to be replaced by Salim Ramji, an executive from none other than rival firm Blackrock. Given Blackrock’s relation to the spot Bitcoin ETFs, this has a lot of people speculating that Vanguard could change its stance on Bitcoin.
Today, we’ll take a close look to try and determine the likelihood of that happening, and what impacts this would have on Vanguard, as well as the wider crypto market.
Enjoy!!
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📺 Essential Videos 📺
Microstrategy Buying BTC 👉 https://www.coinbureau.com/videos/this-bitcoin-whale-wont-stop-whats-their-end-game/
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Vanguard Name New CEO: https://www.coindesk.com/business/2024/05/14/vanguard-said-set-to-name-ex-blackrock-etf-exec-as-ceo-wsj/
► Vanguard’s Customers Threaten to Leave: https://cointelegraph.com/news/vanguard-investors-threaten-to-close-accounts-ban-spot-bitcoin-etfs
► Vanguard’s View on Spot Bitcoin ETFs: https://investor.vanguard.com/investor-resources-education/news/vanguards-perspective-on-bitcoin-etfs
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
