JUST IN: Vanguard ($7.2 trillion AUM) says they are blocking all clients from buying spot #Bitcoin ETFs on their platform.
SPOKESPERSON SAYS: these products 'donât fit with Vanguardâs investment philosophy', and 'high volatility runs counter to our goal of helping investors generate positive real returns over the long term'.
Yet Vanguard is a top 10 owner of Microstrategy AND also owns bitcoin mining stocks. đ€
Also, Vanguard let clients purchase GBTC in the past (now they can only sell).
Vanguard also lets you trade $BITO (which is the inferior futures ETF product).
Ethereum Classic is up 35.46% today! ETC/BTC and ETC/ETH increased by 34.52% and 22.39%, respectively. N The ETC price is expected to increase by 10.39% in the next 5 days. Important support levels: $22.35, $18.61, $16.62. Resistances: $28.09, $30.08, $33.82. % Stay up to date with crypto news!