The Institutional Floodgates Open: Vanguard’s Crypto Reversal Ignites Bitcoin Rally
Published on 12/04/2025 at 15:23 | Redaktion boerse-global.de
A significant barrier in the traditional finance world has crumbled. In a dramatic policy shift, the asset management giant Vanguard, long considered a staunch opponent of cryptocurrency products, has opened its platform to spot Bitcoin ETFs. This Thursday’s reversal sent an immediate jolt through digital asset markets, raising the question of whether this institutional endorsement could propel Bitcoin past its recent correction and back toward record highs.
The surge in Bitcoin, now trading near $93,338, is being fueled by more than one engine. Alongside Vanguard’s move, renewed hopes for an interest rate cut from the U.S. Federal Reserve later this month are providing broader market Read more...
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