{"id":1871822,"date":"2024-01-29T00:00:38","date_gmt":"2024-01-29T05:00:38","guid":{"rendered":"https:\/\/platogaming.com\/plato-data\/vanguard-called-bitcoin-an-immature-asset-class\/"},"modified":"2024-01-29T00:00:38","modified_gmt":"2024-01-29T05:00:38","slug":"vanguard-called-bitcoin-an-immature-asset-class","status":"publish","type":"station","link":"https:\/\/platogaming.com\/plato-data\/vanguard-called-bitcoin-an-immature-asset-class\/","title":{"rendered":"Vanguard Called Bitcoin An \u201cImmature Asset Class\u201d"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/platogaming.com\/wp-content\/uploads\/2024\/01\/vanguard-called-bitcoin-an-immature-asset-class.png\" class=\"ff-og-image-inserted\"><\/div>\n<div class=\"entry-content rt-single-content\">\n<div class=\"row\">\n<div class=\"col-md-9\">\n<ul>\n<li><span>Vanguard rejects Bitcoin ETFs, calling Bitcoin an <\/span><b>\u201cimmature asset class\u201d<\/b><span> and citing the Bitcoins lack of maturity and alignment with its investment philosophy.<\/span><\/li>\n<\/ul>\n<p><span>Vanguard decided not to offer clients access to Bitcoin ETFs because the flagship cryptocurrency is an <\/span><b>\u201cimmature asset class\u201d<\/b><span> that does not align with its company philosophy, <\/span><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/investor.vanguard.com\/investor-resources-education\/news\/no-bitcoin-etfs-at-vanguard-heres-why\"><span>according<\/span><\/a><span> to the firm\u2019s executives.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Here\u2019s full explanation from Vanguard on not allowing spot bitcoin ETFs on platform\u2026<\/p>\n<p>\u201cIt\u2019s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio.\u201d<a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Nip8UWPHvR\">https:\/\/t.co\/Nip8UWPHvR<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mcWDeQDRuU\">pic.twitter.com\/mcWDeQDRuU<\/a><\/p>\n<p>\u2014 Nate Geraci (@NateGeraci) <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/NateGeraci\/status\/1751252587943264461?ref_src=twsrc%5Etfw\">January 27, 2024<\/a><\/p>\n<\/blockquote>\n<p><span>Vanguard Global Head of ETF Capital Markets and Broker and Index Relations Janel Jackson made the statement during a QA session, where she clarified the investment firm\u2019s stance on Bitcoin and digital assets.&nbsp;<\/span><\/p>\n<p><span>According to Jackson:<\/span><\/p>\n<p><b>\u201cWhile crypto has been classified as a commodity, it\u2019s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio.\u201d<\/b><\/p>\n<p>See Also: <a class=\"row-title\" rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/vanguard-to-terminate-support-for-all-cryptocurrency-products\/\" aria-label=\"\u201cVanguard To Terminate Support For All Cryptocurrency Products\u201d (Edit)\">Vanguard To Terminate Support For All Cryptocurrency Products<\/a><\/p>\n<h3><span>Vanguard Has No Plans For Bitcoin ETF<\/span><\/h3>\n<p><span>Jackson said that Vanguard would not launch a Bitcoin ETF or any crypto-related products, considering the current state of cryptocurrencies as an asset class.<\/span><\/p>\n<p><span>She highlighted that the decision-making process for introducing new investment products at Vanguard is rigorous and prioritizes long-term investment merit and client needs.&nbsp;<\/span><\/p>\n<p><span>Despite the growing discourse around Bitcoin and cryptocurrencies, Vanguard does not view them as suitable for inclusion in long-term investment portfolios.<\/span><\/p>\n<p><span>Meanwhile, the company\u2019s Head of Brokerage &amp; Investments, Andrew Kadjeski, emphasized that Vanguard\u2019s investor base primarily consists of long-term, buy-and-hold investors, and the firm\u2019s offerings reflect these clients\u2019 interests.&nbsp;<\/span><\/p>\n<p><span>He added that despite the ease of allowing full access to crypto products, such a move would not align with Vanguard\u2019s mission to serve the best long-term interests of its investor-owners.<\/span><\/p>\n<p><span>Both Jackson and Kadjeski reflected on Vanguard\u2019s history of forgoing short-term trends for long-term stability.&nbsp;<\/span><\/p>\n<p><span>Vanguard had steered clear of internet funds in the 1990s and more recently removed access to leveraged and inverse funds and ETFs in 2019 and over-the-counter stocks in 2022 due to their high risk and potential for misuse.<\/span><\/p>\n<p>See Also: <a class=\"row-title\" rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/vanguard-have-no-plans-to-allow-spot-bitcoin-etf-trading-on-its-platform\/\" aria-label=\"\u201cVanguard Have No Plans To Allow Spot Bitcoin ETF Trading On Its Platform\u201d (Edit)\">Vanguard Have No Plans To Allow Spot Bitcoin ETF Trading On Its Platform<\/a><\/p>\n<h3><span>Backlash On Vanguard<\/span><\/h3>\n<p><span>Vanguard\u2019s stance toward Bitcoin ETFs has sparked significant reactions in the investment community.&nbsp;<\/span><\/p>\n<p><span>The firm\u2019s stance, focused on traditional asset classes like equities, bonds, and cash, has led to frustration among some of its clients, particularly those who advocate for including cryptocurrencies in investment portfolios.&nbsp;<\/span><\/p>\n<p><span>Industry experts have suggested that Vanguard might lose credibility and assets due to its stance on Bitcoin ETFs, as it appears to be a move contrary to the current market trend where many investors are seeking exposure to digital assets.<\/span><\/p>\n<p><span>Notably, other major players in the asset management space, like BlackRock, have embraced Bitcoin ETFs, highlighting a divergence in strategies within the industry.<\/span><\/p>\n<p><span>Despite Vanguard\u2019s resistance to Bitcoin ETFs, some analysts believe the company might eventually soften its stance.&nbsp;<\/span><\/p>\n<p><span>The growing popularity of digital assets and pressure from competitors could be influential factors in such a potential shift.<\/span><\/p>\n<p><span>However, Vanguard remains committed to its traditional investment approach, focusing on asset classes that it considers foundational for long-term investment success.<\/span><\/p>\n<blockquote>\n<p><span>Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and\/or consultation with a qualified professional before making any trading or investment decisions.<\/span><\/p>\n<\/blockquote><\/div><\/div><\/div>\n<div class=\"entry-content\"> <span class=\"entry-categories\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/latest-news\/\">Latest News<\/a>, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/\">News<\/a><\/span> <\/p>\n<h4 class=\"entry-title title-animation-black-normal\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/one-crypto-trader-made-1-6-million-as-new-solana-meme-coin-wen-soars-500\/\">One Crypto Trader Made $1.6 Million as New<\/a><\/h4>\n<div class=\"entry-date\"><i class=\"far fa-calendar-alt\"><\/i>January 29, 2024<\/div><\/div>\n<div class=\"entry-content\"> <span class=\"entry-categories\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/latest-news\/\">Latest News<\/a>, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/\">News<\/a><\/span> <\/p>\n<h4 class=\"entry-title title-animation-black-normal\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/nigeria-naira-plunges-to-a-new-low-as-the-cbn-governor-reacts\/\">Nigeria\u2019s Naira Plunges To A New Low As<\/a><\/h4>\n<div class=\"entry-date\"><i class=\"far fa-calendar-alt\"><\/i>January 29, 2024<\/div><\/div>\n<div class=\"entry-content\"> <span class=\"entry-categories\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/latest-news\/\">Latest News<\/a>, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/\">News<\/a><\/span> <\/p>\n<h4 class=\"entry-title title-animation-black-normal\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/finnish-authorities-reportedly-track-monero-xmr-transactions-high-profile-hacking-case\/\">Finnish Authorities Reportedly Track Monero Transactions In High-Profile<\/a><\/h4>\n<div class=\"entry-date\"><i class=\"far fa-calendar-alt\"><\/i>January 29, 2024<\/div><\/div>\n<div class=\"entry-content\"> <span class=\"entry-categories\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/latest-news\/\">Latest News<\/a>, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/\">News<\/a><\/span> <\/p>\n<h4 class=\"entry-title title-animation-black-normal\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/uphold-crypto-exchange-relist-dogecoin-shiba-inu-cardano-other-altcoins\/\">Uphold Crypto Exchange Relist Dogecoin, Shiba Inu, Cardano,<\/a><\/h4>\n<div class=\"entry-date\"><i class=\"far fa-calendar-alt\"><\/i>January 29, 2024<\/div><\/div>\n<div class=\"entry-content\"> <span class=\"entry-categories\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/bitcoin-news\/\">Bitcoin News<\/a>, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/latest-news\/\">Latest News<\/a>, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/category\/news\/\">News<\/a><\/span> <\/p>\n<h4 class=\"entry-title title-animation-black-normal\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/google-set-to-allow-crypto-ads-including-bitcoin-etfs\/\">Google Set To Allow Crypto Ads, Including Bitcoin<\/a><\/h4>\n<div class=\"entry-date\"><i class=\"far fa-calendar-alt\"><\/i>January 29, 2024<\/div><\/div>\n<ul class=\"plato-post-bottom-links\">\n<li class=\"plato-post-bottom-link-amplifi\">SEO Powered Content &amp; PR Distribution. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.amplifipr.com\">Get Amplified Today.<\/a><\/li>\n<li class=\"plato-post-bottom-link-platodata-network\">PlatoData.Network Vertical Generative Ai. Empower Yourself. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platodata.network\">Access Here.<\/a><\/li>\n<li class=\"plato-post-bottom-link-platoaistream\">PlatoAiStream. Web3 Intelligence. Knowledge Amplified. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoaistream.com\">Access Here.<\/a><\/li>\n<li class=\"plato-post-bottom-link-platoesg\">PlatoESG. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\/aiwire\/carbon\/\">Carbon,<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\/aiwire\/cleantech\/\">CleanTech,<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\/aiwire\/energy\/\">Energy,<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\/aiwire\/environment\/\">Environment,<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\/aiwire\/solar\/\">Solar,<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\/aiwire\/waste-management\/\">Waste Management.<\/a> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platoesg.com\">Access Here.<\/a><\/li>\n<li class=\"plato-post-bottom-link-platohealth\">PlatoHealth. Biotech and Clinical Trials Intelligence. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/platohealth.ai\">Access Here.<\/a><\/li>\n<li class=\"plato-post-bottom-link-source\"><span>Source:<\/span> <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/bitcoinworld.co.in\/vanguard-called-bitcoin-an-immature-asset-class\/\">https:\/\/bitcoinworld.co.in\/vanguard-called-bitcoin-an-immature-asset-class\/<\/a><\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":1871823,"template":"Default","meta":{"_eb_attr":"","type":"","auto_type":false,"post":"","stream":"","stream_url":"","waveform_data":[],"duration":0,"bpm":0,"downloadable":false,"download_url":"","purchase_title":"","purchase_url":"","post-count-all":0,"like_count":0,"download_count":0,"editor_note":"","copyright":"","captions":[]},"genre":[40435],"artist":[40436],"mood":[],"activity":[],"station_tag":[5764,12278,43822,49318,40657,5446,37846,5858,5648,9643,43516,50689,3620,44460,5848,43148,5253,43161,51752,43251,40382,43025,50290,13530,40681,3705,27577,5449,8929,6345,40658,12968,39556,38126,40659,37757,43026,12959,37940,3625,8145,40437,12659,6836,9625,10606,43262,38351,40662,3790,10917,45665,3792,5385,51391,47143,40704,44703,44250,43151,42338,7889,40720,38530,8920,5710,3632,5455,7981,37945,8879,45943,50205,44859,13280,13075,39528,5656,11283,5658,5659,5597,5869,37812,38193,5599,3801,6399,48524,43712,5661,43713,12557,43946,6053,45294,45833,40838,10447,11764,44246,3879,6122,5758,7333,39213,38548,44237,3806,45390,38965,5404,12645,38336,40664,51940,40665,45015,3811,3814,177,5522,3819,43786,43030,40666,5666,5408,6978,44467,3821,46740,3643,40668,3716,8707,7890,9612,5469,45029,5668,38942,38857,3774,47422,53070,3751,5414,6327,6328,40669,3646,40683,38586,38215,3648,5617,48882,8397,40671,37775,39522,38035,37920,44455,3650,5476,5837,43034,3652,5536,41388,37778,3829,5694,48640,12550,3657,13952,37781,40289,43702,43163,40672,3659,5904,40673,43164,3757,40693,43811,9360,38009,13258,18719,18714,18729,3886,40494,37880,5484,37881,3758,3669,44670,50142,5627,5486,3725,40694,12805,7857,13927,13207,45226,48869,42215,26487,37887,5547,49629,44758,3779,12636,38426,41846,38786,3678,43810,40285,7301,39284,12926,40675,5272,45637,5825,8582,50301,5229,5443,50747,8330,7953,37932,3761,37799,40101,3684,44596,40676,3690,40686,40687,40677,43155,43254,40678,44079,5967,8731,6479,3844,6313,44452,6359,45203,3694,5783,15572,5763,43159,43352,3852,40680,3853,40691,18708],"_links":{"self":[{"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/station\/1871822"}],"collection":[{"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/station"}],"about":[{"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/types\/station"}],"author":[{"embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/media\/1871823"}],"wp:attachment":[{"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/media?parent=1871822"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/genre?post=1871822"},{"taxonomy":"artist","embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/artist?post=1871822"},{"taxonomy":"mood","embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/mood?post=1871822"},{"taxonomy":"activity","embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/activity?post=1871822"},{"taxonomy":"station_tag","embeddable":true,"href":"https:\/\/platogaming.com\/wp-json\/wp\/v2\/station_tag?post=1871822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}