An investment company from the United States, VanGuard, is reportedly going to ban all Bitcoin Spot ETF trading on their platform. The reason is simple because it is considered not in accordance with the company's philosophy.

VanGuard, at least, has so far been vocal about banning The Grayscale Bitcoin Trust (GBTC) which is considered too risky. In fact, initially VanGuard was considered to be one of the platforms that would provide this product, but in fact it was not.

Speculation has also emerged amidst the excitement of the Spot Bitcoin ETF which has just been approved by the SEC. Starting from VanGuard being considered doubtful because these were the first days of the product being released, they were deemed to need to take the product through several compliance operational standards before it could be traded. $BTC $ETH