Vanguard Executive Dismisses Bitcoin as “Digital Labubu” as Firm Expands Crypto ETF Access
A senior Vanguard executive has downplayed Bitcoin by calling it a “digital Labubu,” even as the investment giant moves forward with offering clients access to crypto ETF trading.
The contrasting stance highlights an ongoing divide within traditional finance, where skepticism toward Bitcoin’s intrinsic value coexists with rising client demand for regulated crypto investment products. Despite critical commentary, Vanguard’s willingness to enable crypto ETF exposure signals that institutional pressure and market demand are increasingly driving adoption—regardless of lingering doubts among legacy asset managers.
Clever Robot News Desk 16th December 2025
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