Vanguard, managing $11T, reversed its anti-crypto stance, allowing 50M clients to access Bitcoin ETFs by December 2025. Bitcoin surged 6%, hitting $93,000 and liquidating $400M in short positions. 1% of Vanguard’s capital flowing into Bitcoin equals $110B potential investment.
Vanguard’s reversal followed leadership changes and external shifts in crypto regulation. Vanguard now allows buying crypto ETFs from other issuers. Vanguard’s $11T clientele ensures persistent demand for Bitcoin, supporting multi-year bull markets. The move validates crypto in mainstream finance.
Bitcoin’s price jumped 6% post-Vanguard’s announcement, reaching $93,000 and liquidating $400M in short positions. Options markets see call options accumulating around $95,000 to $100,000 strikes, indicating a bullish sentiment. Analysts predict Bitcoin’s price rise with Vanguard’s entry and limited supply boosting demand.
Vanguard’s entry may drive Bitcoin to six-figure prices with sustained institutional buying. Optimistic projections suggest Bitcoin hitting $150,000-$200,000 by end of 2026. External factors like U.S. regulators approving spot Bitcoin ETFs and institutional adoption support the bullish predictions for Bitcoin’s price surge.
Critics caution a tempered outlook, noting Vanguard’s late entry to the crypto market. Macroeconomic headwinds and potential profit-taking could hinder Bitcoin’s growth. Bearish scenarios predict Bitcoin consolidating in the $70,000-$85,000 range, struggling to surpass $100,000 due to cautious macro sentiment and profit-taking.
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Read more at Yahoo Finance: Can 50 Million New Investors Push Bitcoin to $100K?
