Why did a Vanguard executive compare Bitcoin to a Digital Labubu collectible this week, dismissing its lack of cash flow?
This came after Vanguard opened trading for Bitcoin and crypto ETFs to its clients. It is a weird connect, offering the product while undermining the value.
For institutions, admitting access often comes before admitting belief. In my opinion as adoption grows the narrative always tends to follow.
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Why did a Vanguard executive compare Bitcoin to a Digital Labubu collectible this week, dismissing its lack of cash flow?
This came after Vanguard opened trading for Bitcoin and crypto ETFs to its clients. It is a weird connect, offering the product while undermining the value.
For institutions, admitting access often comes before admitting belief. In my opinion as adoption grows the narrative always tends to follow.