‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
“We’re not going to change our minds around this,” Buckley asserted about bitcoin ETFs. “Unless the asset class changes,” he added.
“We’re not going to change our minds around this,” Buckley asserted about bitcoin ETFs. “Unless the asset class changes,” he added.
Bitcoin dipped below the $70,000 threshold after a recent sell-off. Exec highlighted BTC’s volatility and its relatively small market cap, predicting an improved adoption curve. In a surprising turn of events, Bitcoin [BTC] has once […]
In a recent video, Vanguard CEO Tim Buckley questioned Bitcoin’s status as a store of value and brushed aside questions about the potential launch of a spot Bitcoin ETF by the investment firm.
Asset managers expect inflows into spot Bitcoin ETFs to accelerate further in the second half of 2024.
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