Here's something pretty interesting—the Vanguard Group, which had always refused to touch Bitcoin, is suddenly going to launch a BTC ETF on December 2.
Keep in mind, Vanguard is the world's second-largest asset management giant, and they've always taken an opposing stance on ETFs, explicitly stating they wouldn't allow BTC ETFs to be traded on their platform. But what happened? The CEO was replaced by someone from BlackRock, and their attitude immediately did a 180-degree turn. Now, crypto-related ETFs are all allowed on the platform.
It's a pity that we're in a bear market right now. If this had happened during a bull market, the news would have caused a huge stir. The shift in attitude from a traditional financial giant is often a market indicator—it's just that the timing is a bit tricky.
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SnapshotLaborer
· 12-12 16:18
Haha, the CEO changes and the attitude shifts. That's the power of capital—no stance, only interests.
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LiquidityWhisperer
· 12-10 13:18
A bear market is the true reset; Pioneer’s move this time is like saying — we’re optimistic about BTC’s future, just not in a rush to make quick money. Instead, it feels a bit interesting.
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MetaverseVagrant
· 12-09 20:04
Wait, is Vanguard really going to launch a BTC ETF? They were so tough before, and now they're backing down.
BlackRock people changed their tune as soon as they showed up. How much did they have to pay for that, haha.
It's a pity it's really a bear market, otherwise this news would definitely be a signal.
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StealthDeployer
· 12-09 19:58
Oh wow, Vanguard's move this time is really something—one moment they're on your side, the next they're not.
As soon as the CEO was replaced, they immediately surrendered. Looks like you really need the right person in the right position.
News like this in a bear market is like putting a lid on a can—you have to wait for the bull to see its true impact.
But seriously, the change in attitude from traditional big players is worth pondering. Is it really just about timing this time?
Wait, maybe someone has been laying out the groundwork all along, and we're only seeing it now.
This decision came way too late—how many opportunities have they missed?
To put it bluntly, that's how institutions are—they keep quiet during bull markets, sneak in during bear markets, and wait for the next wave.
This move by Vanguard—it's less of a transformation, more like being forced to follow the trend.
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SchroedingerGas
· 12-09 19:56
Haha, Vanguard’s move is really something... A new CEO can actually reverse years of stance, it really shows how one person can change everything.
That said, this kind of attitude shift from the giants is definitely worth watching, but pulling this off in a bear market feels kind of awkward, haha.
If this had happened last year, it would have blown up on Twitter.
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0xTherapist
· 12-09 19:51
Hmm... Vanguard's sudden turnaround is indeed a bit ironic. As soon as the CEO changed, their attitude completely flipped. This just goes to show that personnel decisions really do make all the difference.
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RebaseVictim
· 12-09 19:49
Getting this kind of news during a bear market shows that the giants have already set their sights on it and are just waiting for the right moment.
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ZKProofEnthusiast
· 12-09 19:40
Haha, Vanguard's turnaround is really something. They said they'd stay away and they really did. As soon as the CEO changed, their stance collapsed.
See, when someone from BlackRock comes over, they have to compromise. That's real financial clout for you.
It's a pity they were born at the wrong time. If this news came out a year earlier, it would have been explosive. Now, in a bear market, no one cares. Let's wait and see.
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ser_aped.eth
· 12-09 19:36
Ha, as soon as the CEO changes, it immediately turns around. This move is all too familiar. When the bull market arrives, this news will really explode.
Here's something pretty interesting—the Vanguard Group, which had always refused to touch Bitcoin, is suddenly going to launch a BTC ETF on December 2.
Keep in mind, Vanguard is the world's second-largest asset management giant, and they've always taken an opposing stance on ETFs, explicitly stating they wouldn't allow BTC ETFs to be traded on their platform. But what happened? The CEO was replaced by someone from BlackRock, and their attitude immediately did a 180-degree turn. Now, crypto-related ETFs are all allowed on the platform.
It's a pity that we're in a bear market right now. If this had happened during a bull market, the news would have caused a huge stir. The shift in attitude from a traditional financial giant is often a market indicator—it's just that the timing is a bit tricky.