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CryptoNewsZ 2024-01-12 13:00:07

Vanguard refuses to offer Spot Bitcoin ETFs

Vanguard declines to offer spot Bitcoin exchange-traded funds (ETFs), arguing that high volatility is detrimental to long-term returns. Spot Bitcoin ETFs were unavailable for purchase by Vanguard brokerage account holders on their first day of trading in the United States. A representative from the firm stated that doing so would be premature due to the …

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