Bitcoin ETF

Bitcoin

Spot

<ul class="news-points"> 
 <li><strong>Efforts to invest in Bitcoin ETF using a Vanguard retirement brokerage account triggered cautionary messages.&nbsp;</strong></li> 
 <li><strong>A Vanguard rep confirmed that Bitcoin spot ETF will be unavailable on their platform.</strong></li> 
 <li><strong>Vanguard took further steps to distance itself from existing Bitcoin futures products.</strong></li> 
</ul> 
<p>Prominent asset manager Vanguard is reinforcing its “no-crypto” stance by steering clear of the <a href="https://coinedition.com/bitcoin-etfs-what-sets-them-apart-and-why-investors-are-eager-to-see-it/">just-approved Bitcoin spot ETFs</a> and removing existing Bitcoin futures products from its brokerage offerings. A Vanguard representative confirmed the new move in an exclusive statement.&nbsp;</p> 
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   <p lang="en" dir="ltr">According to Axios, Vanguard, one of the largest fund management companies in the United States, deepened its anti-cryptocurrency stance. It said that it will refuse users to purchase spot Bitcoin ETFs on the platform and will no longer accept the purchase of cryptocurrency…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1745990151312990655?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 13, 2024</a>
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<p>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.</p> 
<p>Significantly, efforts to invest in BlackRock’s iShares Bitcoin Trust or Gra…</p>
<p>The post <a href="https://coinedition.com/vanguard-delists-existing-bitcoin-futures-after-blocking-spot-etfs/">Vanguard Delists Existing Bitcoin Futures After Blocking Spot ETFs</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Vanguard Delists Existing Bitcoin Futures After Blocking Spot ETFs

Coin Edition

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