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3232‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
https://www.digit.info/not-a-store-of-value-vanguard-ceo-labels-bitcoin-too-speculative-for-long-term-portfolios/
Sat, 16 Mar 2024 22:15:53 +0000https://www.digit.info/2024/03/16/not-a-store-of-value-vanguard-ceo-labels-bitcoin-too-speculative-for-long-term-portfolios/Read more]]>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 […]