President of The ETF Store: If BTC does not collapse, Vanguard Group may launch Bitcoin and Ethereum ETF business next year
2024-11-15 11:29
Odaily News Nate Geraci, president of The ETF Store, posted on X platform that investment giant Vanguard will eventually make concessions and provide 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 with this view 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."
