When Vanguard’s Crypto Policy Twist Kicks Bitcoin into the 90s 🌟 (Again)

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Picture this: Bitcoin (BTC) – or should I call it ‘Bitcoin 3.0’? – has just aced its crypto comeback, surging 6% one bright Tuesday morning, as if it’s seen a therapist and has decided it loves life. And this began shortly after Vanguard decided to part ways with its all-time baddie status by lifting its ETF ban. Suddenly, we’re back to the frothy days of crypto-sort of like gaining 20 pounds and forgetting you have a fortnightly gym membership. 🥴😂

The Buzzy Reawakening of Bitcoin: Vanguard’s Latest Insta-Fortune

Who would have thought? The pioneering crypto star, Bitcoin, hit above $93,000, doling out a crisp $200 billion glowy added market cap in less than a day and a half. It began during the American work caffeine kicks starting on Tuesday. This was Bitcoin’s delightful spurt since May 2021 – oh, children, where have the years gone? And let us not forget the zenith of leveraged short liquidations, indeed!

And Eric Balchunas, analyst extraordinaire, saw it-the “Vanguard Effect”. Perhaps trends do exist in the crypto world too. A mere day post ETF ban lift, and Bitcoin churns up a whopping 6% surge at the top of the American market hour. 🏆

“THE VANGUARD EFFECT: Bitcoin jumps 6% right around US open on first day after bitcoin ETF ban lifted. Coincidence? I think not. Also $1b in IBIT volume in first 30min of trading. I knew those Vanguardians had a little degen in them, even some of the most conservative investors…”- Eric Balchunas (@EricBalchunas) December 2, 2025

Remember when Vanguard, in a yawn-worthy move last December, reached its wrist after years of saying no? Well, now it’s the Madonna of crypto ETFs, letting in Bitcoin, Ether, XRP, Solana, and all those regulated crypto kids on the block. Talk about a dramatic diva exitish.

“Vanguard’s anti-bitcoin ETF stance is totally on brand and would’ve made Bogle proud. That said, I think they will soften in the coming years as they build their advisory business; they’ll need to have access to alternative asset classes,” said Balchunas on a January evening in 2024.

Customers were miffed. Case in point: Vanessa Harris, who apparently traded Vanguard for Fidelity faster than you can say “Bitcoin ETF.” Unfortunately, her rant was later deleted. Gone, but not forgotten, people.

Nonetheless, the customers cried chorus, and it forced Vanguard to hit the remix button. With crypto ETFs being the it crowd of fund products, Vanguard waltzed in: “tested and performed as designed through multiple periods of volatility.” 🤩

When Institutional Cash Came A-Knocking: IBIT and Vanguard’s Mingle

Balchunas couldn’t believe his bingo card this year-Vanguard saving Bitcoin like a knight in shining armor just in time for the Christmas rush. Meanwhile, BlackRock’s IBIT ETF flared up like a supernova, hitting $1 billion in trading volume faster than you can say “bingo!”

“Vanguard saving bitcoin was not on my 2025 bingo card I can tell you that”- Eric Balchunas (@EricBalchunas) December 2, 2025

Exclamations followed as absurd trading figures scrolled by, with even the avid observer Crypto Rover tossing in his two cents: “This is why bitcoin pumped, folks.”

“BlackRock’s $IBIT alone hit over $1.8 billion in trading volume within the first two hours!” cried Crypto Rover.

Was This Just a Frenzy or a Full-Blown Revolution?

Though the celebration was loud, analysts have tiptoed in with furrowed brows. Is this a momentary soiree or a full soundtrack? Cautious whispers question if Vanguard’s newfound love for crypto ETFs is a lasting trend or merely for the umpteenth time we’ve seen our pie in the sky prediction tickle for a day before saying goodbye (again).

“I doubt it. I think there’s a small % of ppl who were pent up. And it’s good to be on the platform and available. You never know when others may allocate. That said, you can’t rely on ETF Boomers for everything,” cautioned Balchunas.

Ultimately, investors are buzzed: Blockchain is suddenly looking at its wallet and wondering how many dance classes it can afford. 🎉🐝

Cryptocurrency Image

Still, only time will tell if this dance goes on, or if our next generation of financial choreography starts with a boojum. Either way, please someone tell the Wall Street tigers. The crypto-world isn’t so wild anymore. Now, it’s just waiting for their investment status. 🐯💰

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2025-12-03 09:43