According to ChainCatcher, Eric Balchunas, senior ETF analyst at Bloomberg, said that Vanguard Fund may never launch a Bitcoin ETF product, but may relax restrictions in the next one to two years to allow trading of Bitcoin ETFs.
He noted that the change could happen if the price of Bitcoin reaches $150,000-200,000, in the face of pressure from client inquiries and the new CEO has ties to IBIT's parent company BlackRock.
