Vanguard Said Crypto Doesnโt Belong in Portfolios... ๐
Vanguard Said Crypto Doesnโt Belong in Portfolios...
1. Contents of the Newsletter
The newsletter discusses Vanguard's decision to opt out of offering a Bitcoin ETF, citing that they do not currently believe that cryptocurrency has an appropriate role to play in long-term portfolios. It also highlights the success of BlackRock's iShares Bitcoin Trust ETF and Fidelity's ETF, showing significant inflows and reshaping the finance landscapes. The newsletter emphasizes the growth and potential of Bitcoin ETFs and encourages readers to consider alternative options like a BitcoinIRA account.
2. Products
The newsletter promotes BitcoinIRA, a platform that allows individuals to invest in real Bitcoin for their retirement portfolios. It differentiates itself from ETFs by enabling users to own actual digital assets securely in a tax-advantaged retirement vehicle. The company boasts 5-star service from real people and over 200,000 trusted American users.
3. Description of BitcoinIRA Store
BitcoinIRA is described as a platform that connects consumers to qualified custodians, digital wallets, and cryptocurrency exchanges. It is not a custodian, digital wallet, or exchange itself. The store positions itself as a trusted service provider with thousands of 5-star reviews. It offers a mobile app for convenient account management and emphasizes the importance of consulting professionals before making investment decisions in the highly speculative cryptocurrency market.