Recently, financial giant Vanguard has been making headlines for its resolute decision to steer clear of Bitcoin Exchange-Traded Funds (ETFs), sparking considerable reactions within the investment community.
The negative Vanguard Bitcoin views have not formed recently. Back in 2017, Jack Bogle, the well-known investor and creator of the Vanguard group, strongly cautioned against investing in Bitcoin, advising individuals to “avoid Bitcoin like the plague.”
Vanguard Bitcoin View: “Immature Asset Class”
Vanguard, renowned for its low-cost mutual funds and ETFs, has firmly rejected the idea of incorporating Bitcoin ETFs into its offerings. According to Janel Jackson, Vanguard’s…
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