Vanguard May Allow Bitcoin ETFs on Its Platform in Coming Years

According to Odaily, Bloomberg's senior ETF analyst Eric Balchunas recently commented on the X platform that asset management giant Vanguard may never launch a Bitcoin exchange-traded fund (ETF). However, he anticipates that Vanguard might "relax its stance" in the next one to two years, allowing Bitcoin ETFs to be traded on its platform. This shift could occur especially if Bitcoin's price reaches $150,000 or $200,000, as the company may grow weary of constant inquiries from clients. Additionally, Vanguard's new CEO has connections with BlackRock, the parent company of IBIT.