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.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Morgan Stanley’s Bitcoin ETF Nears Launch on NYSE
Morgan Stanley’s proposed spot bitcoin exchange-traded fund (ETF), ticker MSBT, has received an NYSE Arca listing notice, a step that often comes just before launch. If it goes live, the fund could intensify fee pressure on Blackrock and Fidelity while opening a powerful new distribution channel for
Coinpedia25m ago
GameStop converts $368 million worth of Bitcoin into an options income strategy
GameStop disclosed that approximately 4,710 bitcoins were transferred to a certain CEX not for sale, but as collateral to participate in a covered call options strategy to earn premium income. This strategy means it no longer directly holds Bitcoin but records it as "accounts receivable" and bears counterparty risk. The financial report shows that the related accounts receivable are valued at about $368.3 million, with an unrealized loss of $59.7 million.
GateNews1h ago
