Vanguard Users Threaten to Close Accounts After Company Blocks Bitcoin ETF Detection

Place Bitcoin AND F were Also would have not Currently available For purchase on THE brokerage platforms of Citi, Meril Lynch, Edward Jones, And UBS.

Active director The Avant-garde apparent decision not has allow THE purchase of place Bitcoin exchange traded funds (ETF) on It is platform has apparently pushed A little clients towards THE exit door.

According to has A Jan. 11 report Since THE Wall Street Newspaper, Vanguard said he won't offer THE new place Bitcoin AND F on It is brokerage platform as he did not align with It is traditional offers.

"Place Bitcoin AND F will not be available For purchase on THE Avant-garde platform," said THE business In A statement has THE WSJ. "We Also to have No plans has offer Avant-garde Bitcoin AND F Or other cryptography related products. »

"OUR perspective East that these some products TO DO not align with OUR offer concentrate on active Classes such as actions, the obligations, And species, which Avant-garde views as THE building blocks of A well balanced, long term investment wallet."

Avant-garde was not among THE 14 transmitters has apply For A place Bitcoin ETFs last year And a few investors to have seen recent moves as A reason has move their funds has other platforms.

A apparent Avant-garde customer, Tony Spencer complaints A spokesperson said him that Avant-garde is not it allowing place Bitcoin AND F For purchase because THE product "doesn't adjust with The Avant-garde investment philosophy. »

Spencer Also complaints Avant-garde only allow investors has sell Shades of grey flagship Bitcoin product, GBTC, which was recently converted In A place ETF.

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