Quote:
Originally Posted by DaddyD
But as soon as crypto ETFs are approved and begun to be marketed by Fidelity, Vanguard, Schwab and the rest...wow, I can only assume that the amount of investor money flowing into crypto will skyrocket.
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I know Vanguard has stated that they will _NEVER_ have a bitcoin product.
Quote:
Vanguard chief: You will never see a bitcoin fund from us
PUBLISHED MON, JAN 22 2018 12:58 PM EST UPDATED TUE, JAN 23 2018 1:18 PM EST
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Fast forward a few years and now it's "there's reasons to be cautious"
Eventually the smell of money will be too great for Vanguard to resist.
Anyone who has even a smidgeon of money in crypto will likely be heavily rewarded when institutional investors start dumping some portion of the trillions under management into crypto. I know Coinbase has said that this is already happening. I don't know how many of these investors are from the really big fish though.
As far as alt coins go, I'm trying to stick to ones that have some real-world use. Like Tezos. If NFTs ever become a thing and Tezos becomes the defacto place to do NFTs, then Tezos will explode. Having some level of money in it could pay off big.