The ETF Store President: If BTC does not collapse, Vanguard Group may make concessions to launch bitcoin and ethereum ETF business next year
2024-11-15 05:05:59
Nate Geraci, president of The ETF Store, posted on the X platform that investment giant Vanguard (Vanguard) will eventually make concessions to offer spot Bitcoin (BTC) and Ethereum (ETH) exchange traded fund business services on its brokerage platform. The company has so far refused to add crypto products, and publicly stated earlier this year that there is no value in adding crypto products to long-term portfolios. Bloomberg ETF analyst James Seyffart agreed and asked when Vanguard would "capitulate". Nate Geraci replied that "it will definitely happen next year, as long as BTC does not collapse by then".
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