In a recent CNBC interview, Vanguard Group CEO Tim Buckley made clear that the world’s second-largest asset management firm has no intentions to pursue a Bitcoin Exchange-Traded Fund (ETF). While some asset managers are diving into the Bitcoin pool, Vanguard CEO confirmed the firm is staying dry, sticking to more traditional investments like stocks and bonds.

Understanding Value in Investments

Buckley compared Bitcoin to gold, highlighting that neither asset class fits Vanguard’s criteria for an ideal investment. Vanguard favors assets that generate intrinsic cash flows, rather than relying solely on speculation. For example, equities provide value through…

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