Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Stanford PhD Fred Krueger: Vanguard's support for Bitcoin is significant, with an industry impact surpassing BlackRock's entry.

Bitcoin supporter and Stanford PhD in Mathematics Fred Krueger posted on X: “BlackRock vs. Vanguard—everyone says BlackRock is the biggest, and that’s true. However, in the areas that matter most to most Americans, Vanguard is actually bigger:

  • #1 in U.S. retirement savings (IRA + 401(k))
  • #1 in index mutual funds (Boglehead core funds)
  • #1 in direct-to-consumer investing (ordinary investors investing directly)
  • #1 in passive long-term investing (the default choice for middle-class savers)

Vanguard allowing and accepting Bitcoin investments is highly significant.”

In response, Glassnode co-founder Negentropic commented: “Vanguard supporting Bitcoin and Ethereum earlier than BlackRock is even more significant, because Vanguard controls the largest pool of passive retirement funds.

This is not speculative capital: it’s automatic 401(k) contributions, target-date fund inflows, and rebalancing over decades. Once Bitcoin enters these default allocations, the buying pressure becomes structural, price-insensitive, and persistent.”

BTC6.43%
ETH8.43%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)