Bloomberg Analyst: Vanguard's lack of support for Bitcoin ETF may simply be due to a lack of interest in commodities

Bloomberg ETF analyst Eric Balchunas answered a community user's question on the X platform, "Why does Vanguard Group hate Bitcoin so much?" He stated that Vanguard Group is not doing this intentionally (well, maybe a little), but they are just not interested in commodities because they think it's purely speculative.

Eric Balchunas added that he personally believes there should be relaxed support for Bitcoin ETFs, at least introducing them to their platform.