JUST IN: Chairman and CEO of Vanguard Group Tim Buckley says the firm won't join the #Bitcoin ETF race, as Vanguard claims to be focused on asset classes with an intrinsic value and capable to generate cash flows, like equities and bonds 🤔 
Discussion
I predict Tim Buckley will be looking for work within the next year. 😂
Tbh it's the right decision for wrong reason. Should not support an ETF because of centralization risk, customers should hold their own keys. Which ETF will have a coherent hard fork policy? Which will refuse to turn over keys with a court order? I'd trust Elon Musk or Michael Saylor to rather exit a country than turn over their keys, not a Black Rock
Fiat wants what Fiat wants.