Replying to Avatar Dream Chaser ⚡️🐆

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 🤔

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corndalorian 2y ago

I predict Tim Buckley will be looking for work within the next year. 😂

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Anonostr 2y ago

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