Bitcoin (BTC) ETFs Rejected as Vanguard Withdraws All Cryptocurrency Products


In 2017, the legendary investor Jack Bogle He famously warned people to “avoid Bitcoin like the plague.” More than six years later, Vanguard Group Inc. is still… It is riling the cryptocurrency world by adhering to its late founder’s conservative investment approach.

Amid the euphoria triggered by the long-awaited debut of the first Bitcoin exchange-traded funds in the United States, Vanguard caused a stir last week with its apparent decision to decline to offer new ETFs on its giant trading platform.

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