From this:
Ayn Rand probably would have told #Vanguard CEO Tim Buckley…
— ExponentialApe (@ExponentialApe) March 16, 2024
“You can ignore #Bitcoin, but you can’t ignore the consequences of ignoring #Bitcoin.”@Vanguard_Group pic.twitter.com/mnpo0wnLL2
To this:
JUST IN: Vanguard names Salim Ramji as new CEO who oversaw the filing for BlackRock’s #Bitcoin ETF 👀
— Simply Bitcoin (@SimplyBitcoinTV) May 15, 2024
This happened after former Vanguard CEO refused to offer #Bitcoin to its clients 🔥
pic.twitter.com/5Kxw4U7aS5
Vanguard and BlackRock are two of the world’s most prominent investment management companies.
Vanguard is known for its mutual funds and ETFs, operating under a unique investor-owned structure, which means it is owned by the funds managed by the company and, consequently, by its customers. As of April 2023, Vanguard managed about $7.7 trillion in global assets.
BlackRock, is the world’s largest asset manager with $10 trillion in assets under management as of December 2023. It offers a wide range of services including investment, advisory, and risk management solutions.
Both firms are key players in the financial industry, often referred to as part of the “Big Three” index fund managers, and have a significant influence on global markets.
The third of the Big Three being State Street Global Advisors (SSGA), a division of State Street Corporation.
About Lyman Manzanares, Esq.
Founder and CEO, Law.net.ph. Founding and managing partner, Manzanares & Partners Law Offices, est. 2011. A lawyer based in Makati City, Philippines, he is a Lifetime Member of the Integrated Bar of the Philippines, Makati City Chapter, and the Philippine Bar Association. He graduated from the U.P. College of Law in 2004 and has been involved in various legal cases and discussions, particularly in the realm of commercial and cooperative law. He has provided insights into the world of jurisprudence and law through a platform called “A Case A Day,” where he discusses new cases and updates on different areas of interest such as criminal law, civil and family law, commercial law, and technology law.
Learn More
- Read Lyn Alden’s “Broken Money”
- Read Florin Hilbay’s “Bitcoin: An Introduction”
- Visit Lightning Payment Network for Cooperatives
- Visit the bookshop at The Co-operative Exchange
- Support ChatMPC via https://app.pouch.ph/coop
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