Vanguard embracing btc & eth is bigger than BlackRock doing it earlier because Vanguard controls the deepest pool of passive retirement capital. This isn’t speculative money: it’s automatic 401(k) contributions, target-date flows, and decade-long rebalancing. Once btc enters those default allocations, the buy pressure becomes structural, price-insensitive, and relentless.(𝗡𝗲𝗴𝗲𝗻𝘁𝗿𝗼𝗽𝗶𝗰)