592 sats \ 5 replies \ @grayruby 11 Jan \ on: Vanguard Is Not Allowing Clients to Buy Bitcoin ETFs (They Can Sell Though) bitcoin
Vanguard, Citi, Merrill Lynch, Edward Jones, UBS according to Steven Lubka. Probably just a compliance thing with the quick listing after approval. Maybe not vanguard, apparently they don't consider Bitcoin a fit in their investing philosophy. Feel free to degen trade 3x levered etfs though.
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100 sats \ 4 replies \ @kr OP 11 Jan
strange that GBTC selling is perfectly fine but buying isn’t approved, wouldn’t it make sense to enable both at the same time?
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535 sats \ 3 replies \ @grayruby 11 Jan
Isn't that the same thing they did with gamestop. Feel free to sell but no buying for you. It's a great advertisement for Bitcoin to be honest. Thanks Vanguard.
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50 sats \ 2 replies \ @kr OP 11 Jan freebie
now Vanguard is saying they won’t offer these ETFs due to volatility
#384975
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657 sats \ 1 reply \ @grayruby 11 Jan
No products that might go up 200% in a year for you. Stick with this nice index fund that doesn't keep up with "real inflation".
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50 sats \ 0 replies \ @kr OP 11 Jan
crazy stance for the company to adopt. they’re shooting themselves in the foot.
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