According to ChainCatcher, Bloomberg senior ETF analyst Eric Balchunas stated on social media that Vanguard might never launch a Bit ETF product, but could potentially relax restrictions within one to two years, allowing Bit ETF trading on its platform.
He noted that this change might occur if Bit price reaches $150,000-$200,000, facing continuous customer inquiries, and considering their new CEO's connection with BlackRock, the parent company of IBIT.
