Taurus4BTC on Nostr: Vanguard told clients Bitcoin ETFs were too risky. Vanguard blocked clients from ...
Vanguard told clients Bitcoin ETFs were too risky.
Vanguard blocked clients from accessing Bitcoin ETFs.
Vanguard argued Bitcoin was an immature asset class.
Vanguard is now the largest shareholder of Strategy. $20.5 million shares. $9.26 billion. 8.55% ownership.
The world's second-largest asset manager, $10 trillion in holdings, accidentally became the world's largest owner of the Bitcoin treasury company by volume.
The logic is simple. Vanguard's index funds hold everything in the Nasdaq 100, Russell, and total market indices that include MSTR. As Strategy grew, the index funds automatically accumulated it. Passive investing does not say no.
This is what institutional adoption actually looks like. Not a deliberate allocation decision. Not a Bitcoin thesis. Just the mechanical consequence of the market cap weighting algorithm saying this is now a big company, therefore it belongs in the index.
Vanguard did not choose Bitcoin. The market cap weighted it in.
That is how revolutions happen.
Published at
2026-03-24 11:04:47 UTCEvent JSON
{
"id": "c3c345d02d31380d602016537fae4b81df35f570bbc27176b70d0ffe33a0f18c",
"pubkey": "9c53485849518fa429cca814ba10eea9599bdf4e183d8202c53bb4b719427d3c",
"created_at": 1774350287,
"kind": 1,
"tags": [
[
"imeta",
"url https://blossom.primal.net/bfcdd67745da0682fa880746a8e9a06d51ff3638761a42757b2a457700297561.jpg",
"m jpeg",
"dim 1168.0x784.0"
]
],
"content": "Vanguard told clients Bitcoin ETFs were too risky.\n\nVanguard blocked clients from accessing Bitcoin ETFs.\n\nVanguard argued Bitcoin was an immature asset class.\n\nVanguard is now the largest shareholder of Strategy. $20.5 million shares. $9.26 billion. 8.55% ownership.\n\nThe world's second-largest asset manager, $10 trillion in holdings, accidentally became the world's largest owner of the Bitcoin treasury company by volume.\n\nThe logic is simple. Vanguard's index funds hold everything in the Nasdaq 100, Russell, and total market indices that include MSTR. As Strategy grew, the index funds automatically accumulated it. Passive investing does not say no.\n\nThis is what institutional adoption actually looks like. Not a deliberate allocation decision. Not a Bitcoin thesis. Just the mechanical consequence of the market cap weighting algorithm saying this is now a big company, therefore it belongs in the index.\n\nVanguard did not choose Bitcoin. The market cap weighted it in.\n\nThat is how revolutions happen.\nhttps://blossom.primal.net/bfcdd67745da0682fa880746a8e9a06d51ff3638761a42757b2a457700297561.jpg",
"sig": "e064019df159588ecb13303746c8c39d0c15f03412d39955a0670be82db532d9e774b4b304ab2e0f7cc76eae91540f48ee75bf464fbb12f7fe45a49344dd20f8"
}
