Financial giant <a href="https://www.vanguard.com/">Vanguard Group</a> may indirectly hold Bitcoin through its GameStop shares

Blockbeats

03-31

BlockBeats News, March 31st, according to Bitcoin.com, financial giant Vanguard Group may soon indirectly expose to Bitcoin through its holdings of GameStop shares, marking an unexpected turnaround in the company's traditional cautious approach to cryptocurrency. Vanguard is currently the largest institutional shareholder of GameStop. The holding relationship has attracted widespread attention after GameStop announced its Bitcoin strategy.

Despite asset management companies such as BlackRock and Fidelity embracing cryptocurrency by launching Bitcoin and Ethereum spot ETFs, Vanguard has chosen to remain on the sidelines. In December 2024, Vanguard reaffirmed its anti-Bitcoin stance, stating that digital assets are speculative and lack intrinsic value.

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