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Bloomberg Analyst: Since the launch of the Bitcoin ETF, approximately 30 billion dollars have flowed into Vanguard

Bloomberg Analyst: Since the launch of the Bitcoin ETF, approximately 30 billion dollars have flowed into Vanguard

2024/02/18 23:23

Bloomberg analyst Eric Balchunas said that since the launch of the spot Bitcoin ETF, Vanguard has absorbed about $30 billion in funds, which is six times the inflow of funds into the spot Bitcoin ETF. The analyst said: "They (Vanguard) are on another level, I say this because I am awed by what the spot Bitcoin ETF has achieved, but Vanguard is a whale in TradFi." Vanguard previously stated that it would not launch a spot Bitcoin ETF.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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