2025-12-03 01:22:15

Some reversals come more dramatically than expected.

The asset management giant that questioned the value of Bitcoin in public a year ago is now stepping onto the field. Vanguard Group - a super player in global asset management, second only to BlackRock, is rumored to be officially launching a Bitcoin ETF product.

How magical is this? Last year, their CEO firmly stated, "We will not touch cryptocurrency-related products." Now? A complete 180-degree turn in attitude.

To be honest, the mouths of the giants are never as honest as their hands.

The market is speculating: what is hidden behind this wave of operations? Some say they have quietly accumulated positions at low levels, after all, the old foxes of Wall Street never fight without preparation. Others believe that it is the terrifying capital-absorbing ability of BlackRock's Bitcoin ETF that has made them unable to sit still—seeing such a large cake, who can really remain indifferent?

Regardless, one thing is clear: when the conservatives start to turn around, it means the winds have completely changed.

The entry of Vanguard Group this time signifies far more than just the addition of another ETF product. It is more like a signal flare — the traditional financial world’s attitude towards cryptocurrencies has shifted from watchful skepticism to an active embrace. Those who once scoffed at Bitcoin in their suits and ties are redefining their stance at an astonishing pace.

The old rules of Wall Street are being rewritten.

In the past, we have witnessed too many "true fragrance" moments, but this time it is different. When the world's second-largest asset management company begins to go all in, and when the once most conservative group of people starts to turn, you will realize: this is not just a strategic adjustment of a certain institution, but a profound shift in the entire traditional financial system's understanding of the crypto world.

Historical turning points are often hidden in quiet days. Tomorrow might be one of them.

The market has begun to stir. Whether you are an early believer or a skeptical observer, this grand crypto drama led by Wall Street giants has reached its climax. Are you ready to take it on?

BTC-3.03%

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SelfRugger

· 21h ago

Haha, Vanguard’s move this time is really outrageous, they switched sides faster than flipping a page. Hmm, BlackRock is sucking up liquidity too aggressively over there, so they couldn't sit still anymore. The "smells so good" warning has been upgraded—it's actually pretty interesting that this bunch on Wall Street is starting to go all in. Wait, didn't they quietly build their positions a long time ago? Just old fox tricks. Traditional finance is finally acting humble; this time really feels different. Anyway, I believe it—are we taking off tomorrow, everyone?

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VitalikFanAccount

· 12-05 07:33

Haha, even Vanguard finally caved in. Their previous “never touch crypto” stance was really something. In the end, they still couldn’t escape the “it’s actually pretty good” rule. These Wall Street folks talk tough, but their hands are never idle. BlackRock’s ETF has an insane ability to attract capital. Not following along is basically giving away free money. The key is, it’s not just Vanguard— the entire traditional finance sector is quietly turning around, and that’s what’s scary. I just want to ask those who are still bearish—does your face hurt now? Wait, maybe they already secretly accumulated at the bottom, and now they’re coming out in the open to harvest the retail investors. At the end of the day, it’s all about profit. Belief or not, as long as there’s money to be made, anything goes. The turning point is definitely here, but whether this game will end badly is another question. On Wall Street, the house always wins. Now that they’re in, retail investors will have to play by their rules.

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Fren_Not_Food

· 12-03 01:49

Haha, serves them right. Didn't they diss us back then? Now it smells really good. They said they wouldn't touch it, but it was all lies. Capital is just capital. Vanguard really slapped themselves in the face with this move, but as long as we're making money, that's all that matters. This is the real adoption beginning; Wall Street has finally compromised. Wait a minute, have they been hoarding it all along and are just now announcing it? Too cunning. BlackRock's ETF is so bloodsucking, Vanguard definitely can't sit still; this is very Wall Street. TradFi is giving in, and the next step should be looking at us. I suggest all the institutions still on the fence to hurry up; otherwise, they really will miss out on this piece of cake. Funny, a year ago they were at the top of the disdain chain, and now they're eagerly following the trend. What a satire. The market's instincts never lie; such a shift is often a signal before a major event.

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ProposalManiac

· 12-03 01:45

In simple terms, it's just a rebalancing of the利益博弈. The pioneers didn't suddenly have a realization; it's because BlackRock has been sucking blood too aggressively, and if you don't follow the trend, you'll be marginalized. This trap mechanism design is still the same – whoever holds the pricing power can rewrite the rules.

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gas_fee_trauma

· 12-03 01:44

Hey, another "we will never" turning into "we are already doing it", Wall Street plays this trick really well. To put it simply, they already bought the dip at the bottom and are just now coming out to acknowledge it. The Law of Truly Great Results will never go out of style. Now retail investors really need to hurry and enter a position, or they'll truly become suckers. Once Vanguard moves, the institutions following suit will probably be lining up. I just want to know if that CEO's face hurts right now. I said it long ago, TradFi will bow down sooner or later, and now it has been confirmed. Wait, could this also be the last opportunity to enter a position? I just feel like something is off. Talk about a big shift, it's just capital chasing profit, don't think too much. Will this actually rewrite the rules of the game, or is it just another new trick to play people for suckers?

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JustHereForAirdrops

· 12-03 01:33

Ha, yet another "we will never" turning into "we must do it now" moment, I can only say Wall Street is really something. Wait, weren't they saying they would never touch it? How come they are more active than us small investors now... BlackRock's ability to attract capital is indeed remarkable, it's normal for Vanguard to be restless, but there must be more untold stories behind this. To be honest, when these conservatives start to shift, small investors should be more cautious, history always loves to play tricks on the latecomers. Now the question is whether Vanguard will seize the lead, after all, the second tier can sometimes be the fiercest. It feels like the whole narrative is about to change, but I still want to see the real inflow data; anyone can talk without moving money.

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