Vanguard Delists Existing Bitcoin Futures After Blocking Spot ETFs
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- Efforts to invest in Bitcoin ETF using a Vanguard retirement brokerage account triggered cautionary messages.
- A Vanguard rep confirmed that Bitcoin spot ETF will be unavailable on their platform.
- Vanguard took further steps to distance itself from existing Bitcoin futures products.
Prominent asset manager Vanguard is reinforcing its “no-crypto” stance by steering clear of the just-approved Bitcoin spot ETFs and removing existing Bitcoin futures products from its brokerage offerings. A Vanguard representative confirmed the new move in an exclusive statement.
While financial giants like BlackRock, Invesco, and Fidelity have recently launched their own branded Bitcoin spot ETF shares, Vanguard remains resolute in distancing itself from the cryptocurrency market.
Significantly, efforts to invest in BlackRock’s iShares Bitcoin Trust or Gra…
The post Vanguard Delists Existing Bitcoin Futures After Blocking Spot ETFs appeared first on Coin Edition.
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