Woman with cap in front of vanguard and bitcoin

Bianco Defends Vanguard’s Decision Against Spot Bitcoin ETF

Jim Bianco, a well-known financial adviser, recently came up to defend Tim Buckley, CEO of Vanguard, against the barrage of criticism that erupted following Buckley’s remarks on the company’s stance on spot Bitcoin ETFs. The dispute began when Buckley stated that Vanguard would not participate in the spot Bitcoin ETF market, which contrasted dramatically with moves taken by other major asset management firms. This article offers a thorough explanation of the matter, including Bianco’s defence, the industry environment, and the ramifications of Vanguard’s stance.

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