Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»TRADING NEWS»Vanguard removes Bitcoin futures ETF from platform.
TRADING NEWS

Vanguard removes Bitcoin futures ETF from platform.

By Crypto FlexsJanuary 13, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Vanguard removes Bitcoin futures ETF from platform.
Share
Facebook Twitter LinkedIn Pinterest Email

Vanguard refuses to host Bitcoin ETF

Leading US asset management firm Vanguard Group has reinforced its cautious approach to cryptocurrencies by refusing to offer spot Bitcoin exchange-traded funds (ETFs) on its platform. This decision is consistent with Vanguard’s focus on traditional investment vehicles such as stocks, bonds and cash, which it believes are essential to a balanced long-term portfolio.

JUST IN: $7.7 trillion asset manager Vanguard has been laid off. #Bitcoin Futures ETFs are issued on the platform.

— Watcher.Guru (@WatcherGuru) January 12, 2024

Bitcoin futures ETF also excluded

In a further step underscoring its conservative stance, Vanguard will no longer facilitate the purchase of cryptocurrency products, including the Bitcoin Futures ETF. The move signals the company’s commitment to traditional investment strategies and its skepticism toward the burgeoning cryptocurrency market.

Wall Street division over cryptocurrency integration

Vanguard’s decision to avoid a Bitcoin ETF highlights divisions within Wall Street, where some asset managers remain wary of incorporating cryptocurrencies into their products. This gap reflects varying levels of acceptance and trust in digital assets within the financial industry.

Vanguard’s indirect cryptocurrency exposure through MicroStrategy

Despite its reluctance to participate directly in Bitcoin ETFs, Vanguard maintains exposure to the cryptocurrency market indirectly. As of September 2023, the company is a major shareholder of MicroStrategy, owning 8.24% of the company’s shares, making it the second-largest institutional investor. MicroStrategy’s heavy investment in Bitcoin connects Vanguard to the cryptocurrency market, albeit indirectly.

Customer Response and Vanguard’s Market Position

Vanguard’s latest move comes amid customer complaints reported on social media about new cryptocurrency products not being available on its platform. As the world’s second-largest asset manager with over $7.2 trillion in assets under management, Vanguard’s stance on Bitcoin ETFs reflects the broader debate underway in the financial sector over the legitimacy and prospects of digital assets. .

Precautions amid the cryptocurrency craze

Vanguard’s decision to exclude Bitcoin ETFs and futures ETFs from its platform is a significant indicator of the conservative approach still prevalent among major players in traditional finance. This highlights the continued careful evaluation and diverse acceptance of cryptocurrencies in the global financial environment.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The Azuki NFT team starts an animation studio -here has more information.

July 2, 2025

Circle is looking for a US Trust Bank Charter for USDC Reserve Management.

July 1, 2025

What should I do with encryption?

June 30, 2025
Add A Comment

Comments are closed.

Recent Posts

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025

The Azuki NFT team starts an animation studio -here has more information.

July 2, 2025

Crypto Web Directory That Will Skyrocket Your Project’s Visibility

July 2, 2025

Bybit Launches Bybit.eu, A Fully MiCAR-Compliant Platform For Europe’s Crypto Users

July 2, 2025

R0AR’s $1R0R Token Roars Onto MEXC Exchange, Expanding DeFi Accessibility

July 2, 2025

$ 90m NOBITEX HACK: Fault by layer

July 1, 2025

Block3 Unveils Prompt-To-Game AI Engine As Presale Launches

July 1, 2025

$70M Committed To Boba Network As Foundation Concludes BOBA Token Agreement With FTX Recovery Trust

July 1, 2025

Limitless Raise $4m Strategic Funding, Launch Points Ahead Of TGE

July 1, 2025

Take Advantage Of BJMining’s Passive Income Opportunities As The XRP Ecosystem Rises

July 1, 2025

Circle is looking for a US Trust Bank Charter for USDC Reserve Management.

July 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025

The Azuki NFT team starts an animation studio -here has more information.

July 2, 2025

Crypto Web Directory That Will Skyrocket Your Project’s Visibility

July 2, 2025
Most Popular

Cryptocurrency market optimism rises, breaking away from bearish sentiment

May 16, 2024

Bitcoin flash crashed to $90,200, causing liquidation of over $885 million.

December 6, 2024

Solana: A look at how Ethereum is helping SOL grow

February 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.