Bookmarking Crypto Insights
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Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation. Vanguard Belittles Bitcoin Yet Again: Might Make Investors Lose Money Even with the recent hike in price and interest for bitcoin and the … Read more
Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths in active fixed income management and commitment to low-cost investments, staying consistent with the firm’s core principles. Vanguard CEO … Read more
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard. Go to Source
Salim Ramji, the new CEO of Vanguard and former head of Blackrock’s global ETF business, has affirmed the company’s position against launching a spot bitcoin exchange-traded fund (ETF), emphasizing the need for consistency with Vanguard’s investment philosophy that views crypto as a speculative and immature asset class. Despite Ramji’s prior involvement in launching Blackrock’s successful … Read more
Salim Ramji wants to stick with Vanguard’s investment philosophy which excludes offering Bitcoin as it is too speculative an asset. Go to Source
Salim Ramji, a former executive at Blackrock renowned for his leadership in Ishares and Index Investments, and for overseeing the filing for Blackrock’s Ishares Bitcoin Trust, has been appointed the new CEO of Vanguard, signaling a potential shift in the asset management firm’s stance on cryptocurrencies. Ramji, set to replace Tim Buckley on July 8, … Read more
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin ETF Policy, Cites Speculation Concerns Reaffirming Vanguard’s perspective on bitcoin during a … Read more
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away from turning over tech … Read more
BTC demand via Grayscale Bitcoin Trust is dropping for several key reasons. Go to Source Powered by WPeMatico
