As Bitcoin climbs and traditional institutions shift their stance, asset manager Vanguard remains an outlier. However, according to Bloomberg ETF analyst Eric Balchunas, that might change — especially if Bitcoin surpasses $150,000 to $200,000.
Balchunas believes that while Vanguard is unlikely to launch its own spot Bitcoin ETF, it could start allowing clients to trade existing BTC ETFs in the near future. A key factor here is growing investor demand — and the fact that Vanguard’s new CEO Salim Ramji was previously the driving force behind BlackRock’s IBIT ETF before joining Vanguard.
🏦 Pressure Builds as Competitors Embrace Crypto
Vanguard is currently the only major financial firm that doesn’t allow bitcoin ETF trading on its platform. The company maintains that it focuses on “time-tested, conservative investments” to protect client wealth, especially during downturns.
However, that stance is increasingly being challenged by its own customers, some of whom are reportedly considering switching to rivals like Fidelity and BlackRock, which not only offer bitcoin ETF access but also provide broader exposure to crypto-linked assets.
It’s entirely possible that Vanguard may eventually reverse its position — just like JP Morgan, which was once one of the most vocal critics of cryptocurrency.
💬 JP Morgan Made a U-Turn — Could Vanguard Be Next?
JP Morgan CEO Jamie Dimon once called Bitcoin a “Ponzi scheme,” but the bank recently allowed clients to buy BTC. While Dimon maintains his personal skepticism, he publicly acknowledged that he won’t impose his views on customers, comparing it to someone’s right to smoke a cigarette.
This reversal shows just how fast institutions can pivot when market demand becomes impossible to ignore.
📊 Bitcoin Stabilizes Above $105K — Poised for More?
Bitcoin is currently holding firm above $105,000, up 3% in the last 24 hours. It briefly touched $106,814 before settling back. Since the start of the year, BTC has climbed nearly 12%.
Analyst Carmelo Alemán also highlighted a notable rise in realized capitalization, now exceeding $906 billion. This metric reflects the total value invested in Bitcoin, based on the price at which each coin was last moved.
“If the rising trend in realized cap continues, it signals growing investor confidence,” Alemán noted. “That could help push Bitcoin toward a new all-time high — and spark a powerful bull run.”
💹 Binance Sees Increased Buying Activity
In parallel, spot trading volumes for BTC on Binance are rising, indicating lower selling pressure and stronger buying interest. If this trend continues, bitcoin ETFs could see even more inflows — and Vanguard may face growing pressure to revise its current policy.
#BitcoinETF , #CryptoInvesting , #CryptoMarket , #BTC , #CryptoTrends
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
