Vanguard Executive Labels Bitcoin Speculative, Sees Potential Value in Instability
The post Vanguard Executive Labels Bitcoin Speculative, Sees Potential Value in Instability appeared on BitcoinEthereumNews.com.
Vanguard’s new policy allows clients to trade Bitcoin ETFs for the first time, marking a significant entry into crypto markets despite viewing Bitcoin as a speculative asset akin to a collectible toy, as stated by executive John Ameriks. Vanguard’s policy shift enables over 50 million clients to access crypto exchange-traded funds directly on its platform. The change bridges traditional finance and digital assets, potentially increasing capital inflows into Bitcoin markets. Bitcoin’s price has hovered above $90,000 amid 16 years of network uptime, with ETFs driving significant investment since 2024 approvals. Vanguard Bitcoin ETF policy update allows trading access for clients, despite skepticism from leaders like John Ameriks. Explore implications for crypto adoption and market growth—discover how this bridges TradFi and digital assets today. What is Vanguard’s Policy on Bitcoin ETFs? Vanguard Bitcoin ETF policy now permits clients to buy and hold cryptocurrency exchange-traded funds on its platform, a pivotal shift announced in December 2025. This allows over 50 million investors exposure to digital assets without Vanguard providing investment advice on specific tokens. The move follows approvals of spot Bitcoin ETFs, enabling traditional finance to integrate crypto seamlessly. The comments followed the asset management company’s policy change allowing its clients to trade crypto exchange-traded funds. Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard. “It’s difficult for me to think about Bitcoin as anything more than a digital Labubu,” Ameriks said at Bloomberg’s ETFs in Depth conference in New York City. Labulus are collectible plush toys featuring animals with anthropomorphic features. Despite Ameriks’ criticism, he said that Bitcoin (BTC) may have value beyond financial speculation in the future under certain circumstances. The cryptocurrency could find real-world use cases beyond market speculation in…
