ETFStore President: Three of the world’s five largest ETF issuers are still not involved in Bitcoin, and State Street has made a “major strategic mis
Nate Geraci, the President of ETFStore, posted on social media that three of the world's top five ETF issuers have yet to involve themselves in physically-backed Bitcoin ETFs. These three issuers are Vanguard, State Street, and Schwab. Vanguard may not be interested in Bitcoin as the company has not even launched a physically-backed gold ETF. Schwab plans to launch a Bitcoin ETF at a suitable time in the future, while State Street has made a "huge tactical error."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
