US EditionBitcoin Drops 2% After Vanguard Exec Calls It Speculative
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Bitcoin Drops 2% After Vanguard Exec Calls It Speculative
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price tumbled 2% in the past 24 hours to trade at $90,323 as of 11:17 a.m. EST on trading volume that rose 12% to $54 billion. This comes as John Ameriks, Vanguard’s global head of quantitative equity, dismissed Bitcoin as...
Top Vanguard Strategist Sounds Alarm Over Bitcoin’s Long-Term Value
The world’s second-largest asset manager, which oversees roughly $12 trillion, has quietly enabled trading for select spot Bitcoin ETFs on its platform. Yet behind the scenes, Vanguard’s investment leadership continues to view the cryptocurrency as fundamentally incompatible with the firm’s long-standing philosophy. Key Takeaways Vanguard allows Bitcoin ETF trading but does not view Bitcoin as a long-term investment. Firm leadership sees BTC as…
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