Nate Geraci, president of ETFStore, posted on the Among them, Vanguard may not be planning to get involved in Bitcoin, and the company does not even offer a physical gold ETF. Schwab will launch a Bitcoin ETF at an appropriate point in the future, while State Street made a “major strategic misjudgment.”
Previously, on January 15, a spokesperson for Vanguard Group stated in an interview that in addition to being unable to purchase spot Bitcoin ETFs on the Vanguard platform, Vanguard will no longer accept purchases of cryptocurrency products, including Bitcoin futures ETFs. This change allows Vanguard Group to focus on delivering a core set of products and services consistent with its commitment to meeting the needs of long-term investors.