Posted 2/29/2024, 10:41:00 PM
Vanguard CEO Buckley to retire; will new leadership bring bitcoin ETFs to investing giant?
- Tim Buckley, Vanguard's CEO, is retiring this year and the company is searching for a replacement
- Under Buckley's leadership, Vanguard has not allowed customers to invest in spot bitcoin ETFs
- Other major financial institutions have embraced the new bitcoin ETFs
- Some wonder if Vanguard's stance on bitcoin ETFs is related to Buckley's impending departure and if it will change under new leadership
- Vanguard may not need to offer bitcoin ETFs as its funds like VOO continue to attract billions in new investments