Bitwise CEO Flags Bear Market Signal as Vanguard Opens to Crypto ETFs
Bitwise’s chief executive recently highlighted what he called a key sign of a Bitcoin bear market, urging investors to watch institutional flows and market structure for confirmation. The warning comes amid heightened scrutiny over liquidity and investor positioning after long periods of price consolidation, and serves as a reminder that macro and flow dynamics can quickly change market regimes.
In contrast, Vanguard — the world’s second-largest asset manager — has reversed its long-standing stance and will now permit trading of ETFs and mutual funds that primarily hold cryptocurrencies on its platform. That shift is significant: broader distribution through a major gatekeeper can increase liquidity and retail access, which may help stabilize trading even if bearish signals persist. Traders and allocators should monitor fund flows, trading volumes and any regulatory updates as they reassess risk and opportunity in Bitcoin exposure.