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Vanguard’s outgoing CEO sticks to anti-Bitcoin ETF stance, des | Bitcoin | Ethereum | Altcoin

Vanguard’s outgoing CEO sticks to anti-Bitcoin ETF stance, despite inquiries

The Vanguard Group CEO, Tim Buckley, has maintained his strong opposition to Bitcoin exchange-traded funds (ETF) despite facing criticism from customers and ongoing inquiries about the firm’s plans to offer them. In a recent video published by Vanguard, Buckley cautioned against including Bitcoin ETFs in retirement investment plans due to the asset’s volatile nature. “When stocks got hammered in the recent crisis, Bitcoin went right with them. And so it is speculative.

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