Financial giant Vanguard may indirectly hold Bitcoin through GameStop

Odaily News Financial giant Vanguard Group may indirectly come into contact with Bitcoin due to its holdings in GameStop. Vanguard is currently the largest institutional shareholder of GameStop, which recently announced that it would switch to a Bitcoin strategy, which has attracted widespread attention in the market. Although companies such as BlackRock and Fidelity have actively deployed Bitcoin spot ETFs, Vanguard has always maintained a conservative attitude and publicly stated in December 2024 that Bitcoin is "highly speculative and lacks intrinsic value." This indirect contact may suggest that its stance on cryptocurrencies is undergoing subtle changes.