Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs

Whether it even needs to bother is another question. Bloomberg analyst James Seyffart noted Thursday that one of Vanguard’s ETFs, VOO, which tracks the S&P 500 Index, has attracted $15.7 billion in net new money so far this year, double what BlackRock’s spot bitcoin ETF, IBIT, has collected.

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• Source: https://www.coindesk.com/business/2024/02/29/retiring-ceo-of-giant-asset-manager-vanguard-shunned-bitcoin-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines