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Bloomberg Analyst: Vanguard Sees About $30 Billion Inflows Since Spot Bitcoin ETF Launch

Bloomberg Analyst: Vanguard Sees About $30 Billion Inflows Since Spot Bitcoin ETF Launch

CointimeCointime2024/02/19 00:42
By:Cointime

Bloomberg analyst Eric Balchunas stated that since the launch of the Bitcoin futures ETF, Vanguard has attracted approximately $30 billion in funds, which is six times the inflow of funds for the Bitcoin futures ETF. The analyst said, "They (Vanguard) are on another level, and I say that because I am in awe of the achievements of the Bitcoin futures ETF, but Vanguard is a giant in TradFi." Vanguard previously stated that it would not launch a Bitcoin futures ETF.

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