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- CATHIE WOOD CRITICIZES VANGUARD’S STANCE ON BITCOIN ETFSThe world of cryptocurrency has seen significant development with the SEC’s green light for Bitcoin ETFs, marking a milestone in the crypto market’s evolution. Despite this, Vanguard, a giant in the investment world, has taken a firm stance against incorporating Bitcoin ETFs into its trading options. The decision has not gone unnoticed, especially by Cathie Wood, the founder and CEO of Ark Invest.
In a candid interview with Yahoo Finance, Wood expressed her disappointment and concern over Vanguard’s decision. She described it as “terrible,” emphasizing the missed opportunity for investors to engage with the first global, decentralized monetary system. The company’s decision aligns with its long-standing policy, which a spokesperson reiterated in a discussion with Axios. The conservative approach reflects the company’s traditional investment philosophy, yet it has sparked considerable debate within the financial community.
Customer and market reactions to Vanguard’s stance
the company’s unwavering position on cryptocurrency investments has led to noticeable shifts within its customer base. Following the reaffirmation of its crypto-averse policy, a significant number of users began to move away from Vanguard, closing their accounts and seeking alternatives that offer Bitcoin ETFs. The trend underlines the growing demand for crypto-related investment products among modern investors.
Moreover, Vanguard’s stance has triggered a substantial backlash on various social media platforms. Hashtags like #BoycottVanguard began trending, reflecting public dissatisfaction with the company’s refusal to include Bitcoin products. The movement has extended beyond social media outcry, with advocates for Bitcoin encouraging investors to transfer their 401(k) assets from the company to more crypto-friendly platforms, such as Fidelity. The customer behavior underscores a shift in investor preferences and the increasing importance of cryptocurrency in mainstream investment portfolios.
Industry perspectives and future outlook
While Vanguard’s current stance on Bitcoin remains rigid, industry analysts suggest that it could change in the future. Eric Balchunas, a Senior ETF Strategist at Bloomberg, acknowledged the company’s traditional investment approach but speculated on potential shifts in the company’s policy. He highlighted the evolving landscape of the investment sector, pointing out that access to alternative investments might become crucial as Vanguard expands its consulting services
Balchunas referenced Vanguard’s recent foray into private equity as an indication of its willingness to diversify and adapt to changing market dynamics. It suggests that while the company currently maintains a conservative approach to cryptocurrency, the firm’s strategies and offerings could evolve to align with the broader shifts in the financial sector. The increasing integration of digital assets into mainstream investment strategies indicates a potential reevaluation of Vanguard’s stance on Bitcoin ETFs in the coming years.
While Vanguard’s current decision to exclude Bitcoin ETFs aligns with its conservative investment philosophy, it has led to customer dissatisfaction and a shift in its user base. The industry’s reaction and the evolving landscape of investments suggest that the company might reconsider its stance in the future, especially as alternative investments gain prominence. The situation remains dynamic, with the potential for significant changes in the approach of traditional investment giants like Vanguard to emerging financial technologies
- Facebook = Friend Graph
Twitter = Follow Graph
Instagram = Interest Graph
TikTok = Content Graph
Web3 & Lens = Value Graph
What do you think?
- I really love this piece, whoever bought it, you have good taste
- “I will never share my secret phrase”
- Receipts 👏 Proof 👏 Timeline👏 Screenshots 👏Tx hash
- Gm Frens! 💗
Discover Web3 social gaming with Gas Hero by Find Satoshi Labs, creators of STEPN, this Wednesday at 2PM UTC ⏰
We deep dive into Gas Hero & what's cooking! 🎮 🦄
⚡️Gas Hero Badges added to Cred with 3X Point boost (to 1050) for 30 days🔥
Have questions? Ask below this post 👇 👇🏻
Best 5 questions win 2000 Phaver Points each! 👑
📍 Set reminder▶️
See you there! 👀
- GM / 大家好 frens, we've missed you!
Welcome The Weirdo Ghost Gang WGG小幽灵邻居 to Phaver 👻 🦄
⚡️ Connect your WGG in Phaver & start earning Phaver Cred ⚡️
👉 3X Points boost (to 150) starts now for 30 days 👀
Keep Phavering! 💜
- Hey is...
✓ Signless + gasless
✓ Community moderated
Join the contributors https://github.com/heyxyz/hey
- hello v2🔥🔥
- gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
- Who are the crypto reporters you appreciate the most?
- Private keys getting compromised took over $204 million across 14 security incidents in the third quarter of 2023.
- The price of Bitcoin and Ethereum surged nearly 4% in just a 15-minute window, sparking bullish predictions for the remainder of October.
- What Open Action you would love to see on Lens V2?
- Daily shopping.🛒
- I just minted The Blue Supermoon (2023, V1) https://zora.co/collect/zora:0x817fdd859307365d71fec1b425aca8b20f0480c1/1000
- GM! Here's another one from my trip to Patagonia. For those who have never been there, I strongly recommend visiting the Perito Moreno Glacier, located in Los Glaciares National Park, in the Province of Santa Cruz, Argentina.
- Montmartre, Paris 📍🇫🇷
- **We are happy to announce that we have successfully raised $2 million in our Pre-Seed Round.**
Investors include UOB Venture, DWF Labs | DWF Ventures, @masknetworkofficial, Signum Capital, AC Capital, Smrti Lab, @rss3_io, HashBrown Research (@fabrichy777) and other Angel Investors.
You can read more about it here:
- Lake Iseo, Italy 🇮🇹
- If opportunity doesn’t knock, build a door!
- Life always offers you a second chance. It’s called tomorrow!
- Where Ethereum's most popular L2s still need to level-up
- We move ✈️
- GM Frens☀️
Join us in tomorrow's Twitter space as we talk about Building #Web3 Social Games with:
Whether you're a coder or just curious about social #gaming, this is the space to be!🎮🧩
Mirror for #Lens community♻️
And hit the reminder NOW!👇🏻
- Gn, lens frens 🍦♣️
I have few questions: how often do you buy new clothes/accessories?
What type of shopping do you enjoy?
What was the last item you bought?
What would you like to buy rn? 🛍️
I find shopping relaxing sometimes, when I have to clear my mind I like to browse stores online or just go and try some clothes on, hence the questions ˚ ༘♡ ⋆｡˚
- the first day of SEI publish lmao
- Well I’m in Lens heaven! I created an iOS/macOS Shortcut which detects a Lens URL and converts it to the official Share format. Auto copy/paste. Quick switching and agnostic sharing on all my devices. 😍 And I also figured out how to record Buttrfly Spaces today on a Mac. Productive day! 🍻
- new capture on google😁😂
- Hello! As promised:
I'm dropping a tune exclusively here on LENS. Not to be find anywhere else!!! An ethereal slow burner.
I hope to get enough collectors to get a new computer. If not, it's ok: I'm here mostly for fun.
- Welcome to Yummitopia 🤤
Yummitopia is all about dreaming big when it comes to food discoverability! You've heard it time and time again, food connects us all in amazing ways!
Look out for news on our Yummi-Drops, App Updates and Community Perks 🤤
Discover Foodie Social and Join our Foodie Family!
Find out more here 👇
- Good night everyone
- It’s official: TikTok shopping has entered the US
Anyone bought anything in here yet?
- GN #Lens with another AI-generated image. I hope you like it.
- DEEP SPACE
This new Hubble image reveals the gigantic Pinwheel galaxy, one of the best known examples of "grand design spirals", and its supergiant star-forming regions in unprecedented detail. The image is the largest and most detailed photo of a spiral galaxy ever taken with Hubble.
The Pinwheel Galaxy (also known as Messier 101, M101 or NGC 5457) is a face-on spiral galaxy distanced 21 million light-years (six megaparsecs) away in the constellation Ursa Major, first discovered by Pierre Méchain on March 27, 1781, and communicated to Charles Messier who verified its position for inclusion in the Messier Catalogue as one of its final entries.
Project Investigators for the original Hubble data: K.D. Kuntz (GSFC), F. Bresolin (University of Hawaii), J. Trauger (JPL), J. Mould (NOAO), and Y.-H. Chu (University of Illinois, Urbana).
Image processing: Davide De Martin (ESA/Hubble).
CFHT image: Canada-France-Hawaii Telescope/J.-C. Cuillandre/Coelum.
NOAO image: George Jacoby, Bruce Bohannan, Mark Hanna/NOAO/AURA/NSF.
- finally had a chance to put together a video from our aid delivery to Yampil 🫂❤️🩹💙💛 for those who want to support our work on the ground in Ukraine, please head over to crystalhearts.io, you can donate directly or mint an open edition of my poem ✍️
- 💡Do you want to use Collectz like an app on your iPhone or Android device? You can do that by adding it to your📱homescreen. It’s easy and convenient, and it lets you access all the Lens Collect features on the go with wallet connect.
We had this since the start, but not all might be aware. So here a friendly reminder. For Android and Apple devices
Watch this video to see how to do it on iPhone, or check out this guide for more info https://help.collectz.xyz/users-guide/welcome/how-to-set-an-app-icon-at-my-homescreen
Don’t miss out on the latest trends and opportunities for Lens collects. Add Collectz to your homescreen today and enjoy the app-like experience. https://collectz.xyz
- who is gonna build the social calendar app on @lensprotocol.lens?
(gate as needed)
collect to RSVP
see which mutuals collected
check guest list with wallet connect
filterable event database. what’s up tonight in X location? in Y niche? particularly useful around conferences and the like.
et cetera ✨
- Getting ready to go to a dinner and party.😍
- Lens OG @internetfase.lens has had some bad luck recently and his wallet got hacked! 🚨
He generates a tonne on content here and makes some incredible beats. We really need this dude to stick around on Lens, so lets show him some love. Give him a follow and **PLEASE COLLECT** this track to help him recoup some of what he lost.
Lets go Lens Gang!! 💪💪💪
- Joseph - Lose Control (Official Music Video)
Stream : https://fanlink.to/JosephLoseControl
- Mastering NFTs on Polygon: Contract Deployment, Minting & ThirdWeb Dapp
Dear #lens Frens!
Dive into the world of NFTs on the Polygon network! This masterclass will guide you step-by-step, from deploying your own contract to uploading NFTs, and finally setting up a minting page using ThirdWeb.
Whether you're a beginner or an intermediate user, unlock the secrets to establishing your own NFT collection on Polygon seamlessly.
Join us on this journey and make your digital art dreams a reality!
• Collect 100, and I will make an easy-to-follow comics tutorial.
• 20% referral
#Polygon #NFT #Tutorial
- Can I have my bangs like this?🙄
- Just driving along and seeing and mate
- Who is going to decode **Most Interacted** algorithm on Lenster 👀
Drop your answers 😉
PS: Lenster is open source https://github.com/lensterxyz/lenster
- Gm b$tches <3 Proud to announce that Gxrls Revolution will be back in September with another event, this time at **The Sandbox offices in Paris**!
I eat lots of $FRIES, I also do work more than I eat fries. Secret to stay "fit".
Keep you eyes open