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No Bitcoin ETFs at Vanguard? Here's why
Vanguard leaders explain why we’re not offering bitcoin ETFs or other crypto products on our brokerage platform.
Jackson: No, given the current state of crypto as an asset class, Vanguard does not have plans to launch its own bitcoin ETF or any crypto-related products. While crypto has been classified as a commodity, it’s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio. Morningstar recently published a perceptive article pointing out that even a modest 5% allocation to bitcoin in an otherwise traditional balanced portfolio can drastically raise its risk profile.
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