"Buy orders are not currently accepted for this security," the message said. "Securities may be unavailable for purchase at Vanguard due to a number of variables including regulatory restrictions, corporate actions, or various trading and/or settlement limitations."
Vanguard's unfriendliness contrasts with the embrace of bitcoin ETF by some of the company's largest rivals, including BlackRock, Fidelity, and Invesco, which have created bitcoin ETFs that started trading Thursday. They won U.S. Securities and Exchange Commission permission to do so on Wednesday. Charles Schwab, another brokerage, confirmed Thursday that it's letting customers trade bitcoin ETFs.
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