After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin ETF Policy, Cites Speculation Concerns Reaffirming Vanguard’s perspective on bitcoin during a […]
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![Pinterest](https://pinterest.com/pin/create/button/?url=https://web2.support/2024/03/16/not-a-store-of-value-vanguard-ceo-labels-bitcoin-too-speculative-for-long-term-portfolios/&media=https://web2.support/wp-content/uploads/2024/03/‘Not-a-Store-of-Value-—-Vanguard-CEO-Labels-Bitcoin.jpg&description="We’re not going to change our minds around this," Buckley asserted about bitcoin ETFs. "Unless the asset class changes," he added.){kind=link}