Bloomberg Analyst: Since the launch of the Bitcoin ETF, approximately 30 billion dollars have flowed into Vanguard
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.
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.
You may also like
Preferred shares of South Korean companies are trading at a record 45% discount in ten years; Samsung's 110 trillion won buyback plan may help eliminate the "Korea discount"
Samsung Electronics' highly anticipated stock buyback plan is raising investor expectations that the South Korean giant will purchase non-voting preferred shares, narrowing their deep discount and setting a precedent for other companies.
A standout performer, privacy coins become the biggest winners in the crypto market this year
Crypto Zhong Liang: 9.8 BTC/ETH Market Perspective
PTPP nears completion of Rp 1.46 trillion Kataraja toll road section at 94.9%
Crypto prices
More
