X @Wu Blockchain

According to Bloomberg, although Vanguard Group now allows clients to trade spot Bitcoin ETFs on its platform, its overall view of crypto has not changed. Vanguard’s global head of quantitative equity, John Ameriks, said Bitcoin is better viewed as a speculative collectible rather than a productive asset with long-term investment characteristics, citing its lack of income, compounding, and cash-flow properties, and likened it to a “digital Labubu.” https://t.co/pOExkphtxo ...