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As Vanguard opts out of crypto ETFs, outflows persist

AMBCrypto LogoAMBCrypto12h ago

As Vanguard opts out of crypto ETFs, outflows persist - AMBCrypto

Quick Summary:

With Vanguard avoiding crypto ETFs, how will BlackRock’s dominance shape the future of digital asset investments?

On the 14th of August, Bitcoin ETFs experienced a notable outflow, totaling $81.4 million as per Farside Investors.

Vanguard’s adherence to this principle underscored its commitment to keeping investment costs low and aligning with its broader strategy of enhancing investor returns through cost-effective solutions.

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As Vanguard opts out of crypto ETFs, outflows persist - AMBCrypto (Picture 1)As Vanguard opts out of crypto ETFs, outflows persist - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 14:00:46 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22087398

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About AMBCrypto

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Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 25 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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  • URL: https://beamstart.com/news/as-vanguard-opts-out-of-17237329957421

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