Vanguard says Bitcoin lacks income and cash‑flow, calls it a ‘digital Labubu’

Vanguard pushed a sharp line on Bitcoin after opening its platform to spot ETF trading, saying the firm still sees no long-term case for the coin. The comment came from John Ameriks, the firm’s global head of quantitative equity, who spoke at Bloomberg’s ETFs in Depth event in New York. He said the coin brings […] source: https://www.cryptopolitan.com/vanguard-says-bitcoin-lacks-income-cash%e2%80%91flow/