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Investment giant Vanguard will also cease cryptocurrency products, including Bitcoin futures ETF

Investment giant Vanguard will also cease cryptocurrency products, including Bitcoin futures ETF

2024/01/14 23:12

Investment giant Vanguard has intensified its anti-Bitcoin and anti-cryptocurrency stance this week by prohibiting investors from purchasing Bitcoin spot ETFs. A spokesperson for Vanguard stated that in addition to not being able to purchase Bitcoin spot ETFs on the Vanguard platform, Vanguard will no longer accept purchases of cryptocurrency products including Bitcoin futures ETFs. The spokesperson added: "This change allows us to focus on providing a set of core products and services, which align with our commitment to meeting the needs of long-term investors."

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