President of The ETF Store: If BTC does not collapse, Vanguard Group may make concessions and launch Bitcoin and Ethereum ETF business next year

Nate Geraci, President of The ETF Store, wrote on X platform that investment giant Vanguard will eventually make concessions to provide spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund services on its brokerage platform. The company has so far refused to add cryptocurrency products and publicly stated earlier this year that adding cryptocurrency products to long-term investment portfolios is not valuable. Bloomberg ETF analyst James Seyffart agrees with this view and asks when Vanguard will "surrender." Nate Geraci replied that "it will definitely happen next year, as long as BTC does not collapse by then."