Bloomberg analyst: The new Ethereum ETF will not be available for purchase on the Vanguard platform

ChainCatcher news, Bloomberg analyst Eric Balchunas stated on the X platform that the new Ethereum ETF will not be available for purchase on the Vanguard platform, which is not surprising considering the Bitcoin ETF ban.

Here is the company's official statement: "While we continually evaluate our brokerage business offerings and assess newly launched products, the spot Ethereum ETF will not be available for purchase on the Vanguard platform. Our view is that these products, along with other crypto-related products, do not align with our offerings, as our offerings focus on asset classes such as stocks, bonds, and cash, which Vanguard believes are the cornerstones of building a balanced long-term investment portfolio."