🏦 John Ameriks from Vanguard indicates that Bitcoin is still considered a speculative asset

Ameriks clarified that he sees Bitcoin as a "digital Labubu" more than a long-term investment. He added that Vanguard will not launch its own ETF funds, but will provide access to legitimate investment products in the cryptocurrency space.

Ameriks expects that Bitcoin may show non-speculative value under certain conditions, but current evidence remains limited.