Cryptocurrency investors appear unhappy with the decision by Vanguard, a leading asset management firm, to block its clients from accessing the recently approved spot Bitcoin exchange-traded funds (ETFs).
Many in the crypto community have voiced their concerns and disappointment on social media, criticizing Vanguard for its seemingly anti-innovative stance in the financial market.
Last Sunday, investor Mike Alfred _mikealfred shared his experience on the social media platform X and said that Vanguard “today is part of the evil empire of tradfi, unrecognizable from the ethos” its founder Jack Bogle had “when he was in his 20s and 30s.”
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#vanguard #bitcoinetf