According to ChainCatcher, Bloomberg's senior ETF analyst Eric Balchunas stated that Vanguard may never launch a Bitcoin ETF product, but could loosen restrictions in the next one to two years to allow trading of Bitcoin ETFs.
He pointed out that if the price of Bitcoin reaches $150,000 to $200,000, this change may occur due to pressure from client inquiries, and the new CEO has ties to BlackRock, the parent company of IBIT.
