Vanguard CEO Tim Buckley is resisting customer pressure to offer a spot Bitcoin ETF despite several of the firm’s competitors already offering them.
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 (BTC) ETFs in retirement investment plans due to the asset’s volatile nature.
Buckley also contended that Bitcoin as a store of value is questionable, pointing out that during the stock market crash of 2022, Bitcoin experienced a significant decline alongside it.
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Source: https://cointelegraph.com/news/vanguard-ceo-tim-buckley-anti-bitcoin-etf-stance