Vanguard’s Bitcoin ETF Decision: Analyst Predicts Potential Shift with $150K Threshold

Vanguard, one of the world’s largest asset managers, might offer its clients access to a Bitcoin exchange-traded fund (ETF) if Bitcoin surpasses $150,000. This prediction comes from Bloomberg Senior ETF analyst Eric Balchunas, who suggests that Vanguard’s reluctance to launch a spot Bitcoin ETF could change as demand from its clients becomes more significant. Balchunas further believes that the firm might shift their stance based on market conditions and potentially even influence it by BlackRock’s experience launching the first-ever spot Bitcoin ETF.