Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs
Vanguard, one of the largest asset managers in the world, is preventing customers from buying the newly approved bitcoin ETFs.
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Spot-Bitcoin ETFs
Vanguard, one of the largest asset managers in the world, is preventing customers from buying the newly approved bitcoin ETFs.
One train of thought says that SEC approval of spot bitcoin ETF will send the market flying. Here’s how that could play out. In a separate post, we review the bear case, where the market may not react with such optimism.
“The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability.
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.