The transformation of Vanguard from explicitly rejecting Bitcoin as an 'immature asset class' to becoming its largest institutional holder represents an unprecedented shift in traditional finance. This $10 trillion manager's indirect embrace of crypto through MicroStrategy marks the first time a top-tier conservative institution has become the dominant player in digital assets.
Bitcoin at $119K: Vanguard's Historic Shift Marks Digital Babylon Rise
📰 What Happened
Bitcoin reached near $119,500 in July 2025, with US-listed funds seeing $3.74B in inflows while German funds experienced $85.7M in outflows. Notably, Vanguard, managing $10T in assets, has become the largest Bitcoin holder in traditional finance through its position as MicroStrategy's biggest shareholder. Derivatives markets show leveraged long positions expanding with perpetual funding rates approaching 30% and open interest exceeding $43B.
📖 Prophetic Significance
The $119,500 Bitcoin price point alongside Vanguard's $10T influence marks a critical timeline checkpoint in the emergence of a global digital economic system. The stark regional divide ($3.74B US inflows vs German outflows) suggests the prophesied 'Babylon' system is consolidating in the West first. The 30% funding rates and $43B open interest demonstrate unprecedented institutional entrenchment, fulfilling Daniel's vision of a different kind of kingdom (Daniel 7:23) that would 'devour the whole earth' through a novel economic structure.