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I just noticed that Vanguard has started allowing trading of Bitcoin ETF funds on their platform, and the market seems quite excited about this news. In recent days, Bitcoin and altcoins have been experiencing some quite interesting movements.
Tokens like Pudgy Penguins (PENGU) increased about 9%, while Pump.fun (PUMP) also saw a slight rise. Sui (SUI), on the other hand, decreased a little. All of this happened after Vanguard — the giant asset management company with over $11 trillion — announced support for Bitcoin ETFs on their platform.
The good thing is that now major institutions are increasing their interest in Bitcoin ETFs, evidenced by the high trading volume of these products. It seems that Vanguard's Bitcoin ETF has created a new wave in the market, attracting attention from many institutional investors.