Could you elaborate on the reasons behind Vanguard's decision not to offer
cryptocurrency products? Given the rapidly growing popularity and potential of crypto assets, what factors may have influenced Vanguard's stance? Is it a matter of risk aversion, regulatory concerns, or a lack of confidence in the long-term viability of the cryptocurrency market? Are there any plans to reassess this decision in the future, considering the evolving landscape of digital assets?
7 answers
CryptoVanguard
Wed Jul 17 2024
Vanguard's stance on cryptocurrencies is that they are perceived more as a speculation rather than a viable investment option.
GinsengBoostPowerBoostVitality
Wed Jul 17 2024
This viewpoint is the core rationale behind Vanguard's decision to refrain from offering crypto-related products, both their own and those from external sources.
Raffaele
Tue Jul 16 2024
In contrast, with equities, investors own a fractional share of a company that produces tangible goods or services.
Raffaele
Tue Jul 16 2024
In the cryptocurrency market, however, there is a lack of underlying assets or cash flows that traditionally support equity and bond investments.
CryptoVanguard
Tue Jul 16 2024
Additionally, many equity investments also offer the potential for dividend payments, providing a return on investment through the company's profits.