Not a Store of Value Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
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After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguards CEO Confirms: No Change in Bitcoin ETF Policy, Cites Speculation Concerns Reaffirming Vanguards perspective on bitcoin during a [] Source: Bitcoin.com
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