PANews reported on May 20 that Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that asset management giant Vanguard may never launch a Bitcoin exchange-traded fund, but it is expected that they will "relax their vigilance" in the next one to two years and allow Bitcoin ETFs to be traded on their platform, especially if the price of Bitcoin reaches $150,000 or $200,000. They will be tired of being constantly asked about this by customers, and their new CEO is related to IBIT's parent company BlackRock.