Trading Cryptocurrency (Bitcoin ETFs) - Bogleheads forum policy remains unchanged

[Asstragal]

[Title was "Vanguard Not Allowing Bitcoin ETFs" --admin LadyGeek.

Forum policy remains unchanged. Discussions of cryptocurrency, including ETFs, is not permitted. See: New Forum Policy Prohibiting Discussions of Cryptocurrency, Market Manipulation Schemes, etc as Investing Strategies
Note - This policy is limited to discussions of investing strategies. Discussions of cryptocurrencies in other contexts is still acceptable, for example for money transfers or microtransactions or the current thread on crypto trades and tax loss harvesting.

10/19/21 Edit: What about BITO, the new futures ETF?

This still falls under our prohibition. Our ban on crypto discussions is ultimately based on cryptocurrencies' lack of intrinsic value. While the ETF structure greatly reduces non-market risks, purchasing it is still a purely speculative gamble, not an investment.
--admin LadyGeek]

Hello,

I just tried to purchase a small allocation of one of the new Bitcoin ETFs and Vanguard is not allowing the trade. I called and was told it goes against Vanguards "buy and hold" philosophy. What if I want to buy and hold bitcoin? I have always been loyal to them, but restricting me from buying something available on the open market is ridiculous.

[MikeBrooklyn]

I am not here to debate if bitcoin is a good investment or not......but I dont need anyone like vanguard to tell me what I can and cannot buy.

Move your money to charles schwab

[JasonGraham]

Moontrader.com has been impressive with its automation features, especially when managing trades efficiently. I’ve found that setting up strategies is quick, and the execution speed is solid. It saves a lot of time compared to manual trading, which is a huge plus. If you're looking to reduce emotional decisions and stick to a strategy, this tool can be really useful. Also, the interface is straightforward, making it easy to adjust settings on the go.