Vanguard Group's Stance on Bitcoin Explained by Bloomberg Analyst

According to Odaily, Bloomberg ETF analyst Eric Balchunas addressed a question on the X platform regarding why Vanguard Group appears to dislike Bitcoin. Balchunas clarified that Vanguard Group's stance is not intentional, though he conceded there might be a slight element of that perception. He explained that Vanguard Group is generally uninterested in commodities, viewing them as purely speculative investments. Balchunas also shared his personal opinion, suggesting that support for Bitcoin ETFs should be relaxed and that they should at least be introduced on Vanguard's platform.