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Surprised? The world’s second-largest asset management company, Vanguard Group, has suddenly announced plans to launch a Bitcoin ETF.
This is the same Vanguard whose CEO was publicly questioning the value of Bitcoin just last year. Now, their stance has completely shifted at lightning speed, catching everyone off guard.
Why the sudden softening of their attitude? The market will provide its own answer. BlackRock led the way, and now another traditional financial giant is following suit—the pace is clearly picking up. These giants never move from watching to entering the game on a whim.
Perhaps the real change isn’t just a single product launch, but the entire traditional capital sector’s perception of this market is being restructured. When one door opens, many more are sure to follow.