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