# Vanguard. 

**Published by:** [Peakytrader](https://paragraph.com/@peakytrader/)
**Published on:** 2024-01-12
**URL:** https://paragraph.com/@peakytrader/vanguard

## Content

As trading of spot bitcoin funds got off to a first day of action in the U.S., users with brokerage accounts at Vanguard were not able to participate. When contacted by telephone on Thursday, a day after the Securities and Exchange Commission approved 11 spot funds, a Vanguard customer service representative said bitcoin ETFs were not available on the platform because they were "highly speculative," "unregulated" and didn't fit with the company's long-term investing philosophy. The representative noted that the platform didn't allow other kinds of investments, such as leveraged ETFs. A company spokesperson confirmed that the spot bitcoin funds were not available on the platform. "We also have no plans to offer Vanguard Bitcoin BTC -1.28% ETFs or other crypto-related products – our perspective is long-standing that cryptocurrencies' high volatility runs counter to our goal of helping investors generate positive real returns over the long term," the spokesperson said.

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