VANGUARD CALLS BITCOIN A DIGITAL LABUBU -- EVEN AS IT OPENS ITS $11T PLATFORM TO BTC & CRYPTO ETFs
#Vanguard John Ameriks dismissed Bitcoin as a speculative “digital Labubu”, basically a collectible toy, just days after Vanguard finally opened its brokerage platform to crypto ETFs.
#Vanguard now lets 50M+ clients trade funds holding $BTC, $ETH, $XRP, and $SOL alongside stocks and bonds.
Here’s the twist: Vanguard is one of the largest shareholders in MicroStrategy, with over 660K Bitcoin on its balance sheet, because Strat’s stock is in Vanguard’s index funds.
So they say #Bitcoin is a toy... yet they’re enabling clients to buy it on a massive $11T platform and are indirectly exposed to the biggest corporate Bitcoin holder. 🤷#Binance #solana $SOL

SOL
133.02
+0.15%
