The ETF Store President: If BTC does not collapse, Vanguard Group may make concessions to launch Bitcoin and Ethereum ETF businesses next year
According to a report by Golden Finance, Nate Geraci, President of The ETF Store, stated on X platform that investment giant Vanguard will eventually make concessions to offer spot Bitcoin (BTC) and Ethereum (ETH) exchange traded fund services on its brokerage platform. The company has so far refused to add cryptocurrency products and publicly stated earlier this year that adding cryptocurrency products to its long-term investment portfolio has no value. Bloomberg ETF analyst James Seyfart agrees with this view and asked when Vanguard Group would "surrender". Nate Geraci replied, "It will definitely happen next year as long as BTC doesn't collapse by then.