"Vanguard's CEO Tim Buckley Retires, Leaving Bitcoin ETFs in Question"

1 min read
Source: CoinDesk
"Vanguard's CEO Tim Buckley Retires, Leaving Bitcoin ETFs in Question"
Photo: CoinDesk
TL;DR

Vanguard CEO Tim Buckley, who has been against spot bitcoin ETFs, is set to retire, prompting speculation about whether his replacement will change the company's stance. Despite the recent approval of bitcoin ETFs by other major U.S. financial institutions, Vanguard has not allowed its brokerage customers to invest in them. The company's strong performance, particularly with its ETF tracking the S&P 500 Index, has led some to believe that Vanguard may not need to alter its approach to include bitcoin ETFs under new leadership.

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