Bloomberg analysts: Vanguard may open Bitcoin ETF trading in the next 1-2 years

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated on social media that Vanguard may never launch a Bitcoin ETF product, but could relax restrictions in the next one to two years to allow trading of Bitcoin ETFs on its platform.

He noted that this change could occur if the price of Bitcoin reaches $150,000 to $200,000, amid ongoing pressure from clients for inquiries, and because their new CEO has ties to BlackRock, the parent company of IBIT.