Vanguard CEO Tim Buckley is resisting customer pressure for spot Bitcoin ETFs, despite several of the firm's competitors already offering them.
Vanguard Group's CEO, Tim Buckley, has maintained his strong opposition to Bitcoin exchange-traded funds (ETF) despite facing criticism from customers and ongoing inquiries about the firm's plans to offer them.
In a recent video published by Vanguard, Buckley cautioned against including Bitcoin (BTC) ETFs in retirement investment plans, due to the asset's volatile nature.
Buckley also contended that Bitcoin's status as a store of value is questionable, pointing out that during the stock market crash of 2022, Bitcoin experienced a significant decline alongside it.
