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Vanguard CEO Tim Buckley Says "Bitcoin Is Too Volatile And It's Not A Store Of Value" — Asks If It Belongs In A Long Term Portfolio
Friday, March 15, 2024 - 3:59pm | 677In January 2024, the Securities and Exchange Commission (SEC) approved several spot Bitcoin exchange-traded funds (ETFs) for trading in a landmark ruling. The ETFs have been the most successful launch in history, amassing over $10 billion in net inflows since launch. Some of the largest asset...
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Why Vanguard Rejects Bitcoin ETFs: Is It Too Volatile For Your Retirement?
Friday, March 15, 2024 - 3:53pm | 441Vanguard Chairman and CEO Tim Buckley and Chief Investment Officer Greg Davis on Friday reiterated their company's position on Bitcoin exchange-traded funds (ETFs), emphasizing their long-held view that Bitcoin (CRYPTO: BTC) is a speculative asset and does not belong in a long-term...
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5 Things You Need To Know About Vanguard ETFs: Why There's No Bitcoin ETF In Their Lineup?
Thursday, March 14, 2024 - 4:47pm | 1160Vanguard has become a towering figure in the world of exchange-traded funds (ETFs). As investors increasingly turn to ETFs for their diversification, lower costs, and liquidity, understanding the offerings and strategies of major players like Vanguard is essential. Yet, amidst this expansive...
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Bitcoin Moves To Reclaim All-Time High: Is This Your Last Chance To Buy Before $100,000?
Wednesday, March 6, 2024 - 11:11am | 827After dazzling the investing world with its breathtaking 12-fold rally in the aftermath of the COVID-19 pandemic, Bitcoin (CRYPTO: BTC) has drawn out investors who had invested at the peak of its 2021 bull run for nearly two and a half years. However, with the Securities and Exchange...
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Will Charles Schwab Eyeing Bitcoin ETF Be A Game-Changer For Retail Investors?
Monday, January 29, 2024 - 4:36pm | 724Leading brokerage firm Charles Schwab Corporation (NYSE: SCHW) is reportedly on the verge of launching a spot Bitcoin exchange-traded fund (ETF), a move with potentially significant implications for both retail investors and the broader financial landscape. Simplifying Entry, Mitigating Concerns:...
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Vanguard Slammed For Not Offering Bitcoin ETFs, Users Move Accounts Elsewhere In Response: 'Vanguard ... Is Part Of The Evil Empire Of TradFi'
Sunday, January 21, 2024 - 1:28pm | 704Cryptocurrency investors appear unhappy with the decision by Vanguard, a leading asset management firm, to block its clients from accessing the recently approved spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). This move, following the U.S. SEC green light for these ETFs on...
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Bitcoin ETFs Roar Onto Wall Street On Day 1, But Questions Linger About New Money
Friday, January 12, 2024 - 2:00pm | 580The debut of spot Bitcoin (CRYPTO: BTC) exchange-traded Funds (ETFs) in the U.S. marked a historic day in the cryptocurrency market, with the first day bringing $4.5 billion in trading volumes. This figure includes significant contributions from the Grayscale Bitcoin Trust (OTC...
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Vanguard Shuns Bitcoin ETFs, Faces Social Media Backlash From Crypto Enthusiasts: 'Have Fun Staying Poor'
Thursday, January 11, 2024 - 3:32pm | 611Vanguard defied the crypto fever sweeping Wall Street with the first-ever U.S. spot Bitcoin (CRYPTO: BTC) ETFs by refusing to offer a fund of its own. The investment giant, known for its conservative, long-term approach, declared bitcoin "too volatile" and refused to offer any of the...
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Vanguard Predicts Bonds To Make Strong Comeback: 'Short-Term Pain Can Lead To Long-Term Gain'
Thursday, January 4, 2024 - 4:39am | 616After two years of negative returns, the bond market is experiencing a revival, and the credit goes to the Federal Reserve, as per Vanguard‘s analysis. What Happened: In their Wednesday note, Vanguard, the investment management company, has attributed the recent positive turn in the bond...
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Vanguard Launches On This Day In Market History
Monday, May 1, 2023 - 11:23am | 355Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1975, the Vanguard Group of Investment Companies began its operations. Where The Market Was The Dow finished the day at 830.96. The S&P 500 traded at 88.10. Today, the Dow is...
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Vanguard's Roger Hallam Expects Shallow Recession Due To Tighter Lending Conditions: 'Lot Of Policy Uncertainty Right Now'
Tuesday, April 18, 2023 - 12:40am | 411Roger Hallam, global head of rates at Vanguard, reportedly said that tighter lending conditions following the recent bank collapses are likely to push the U.S. economy into a shallow recession in the second half of this year. What Happened: “That backdrop of tightening lending standards is...
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State Street Exec Talks Cutting Friction, Opportunity Costs With DLT For T+0 And Custody
Wednesday, June 1, 2022 - 11:03am | 1272The regulated blockchain infrastructure platform Paxos and State Street Corporation (NYSE: STT) launched a partnership on services integrations in May. As part of a pilot, State Street simulated the settlement and custody of shares on Paxos’ platform and asset movements with Credit...
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3 ETFs For Investors To Watch In February: Value Stocks, Video Games And Semiconductors
Wednesday, February 2, 2022 - 8:20pm | 725A new month is here and with it comes events and news items that can drive the direction of stocks and certain sectors. Here’s a look at some ETFs that should be on investors’ radars for the month of February. Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE: NERD...
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Fintech Focus For July 15, 2021
Wednesday, July 14, 2021 - 6:41pm | 1753Quote To Start The Day: “Once you hear the details of victory, it is hard to distinguish it from a defeat.” Source: Jean-Paul Sartre One Big Thing In Fintech: M1 Finance, an automated money management platform, announced Wednesday a $150 million Series E funding round to boost...
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Fintech Focus For February 1, 2021
Monday, February 1, 2021 - 12:56am | 1721Quote To Start The Day: The value of the cold email is so underrated. Source: Michael Gruen One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed...