According to Milk Road (@MilkRoadDaily), Fidelity's review of its top-performing brokerage accounts found that the highest returns over a decade belonged to investors who either forgot about their accounts or had passed away, highlighting the power of long-term passive investing. Specifically, from 2003 to 2022, a $10,000 investment in the S&P 500 grew significantly, outperforming accounts that were actively managed or frequently traded (source: Milk Road, May 10, 2025). For crypto traders, this underscores the potential benefits of holding positions through market volatility, as similar long-term strategies with Bitcoin and Ethereum have historically delivered strong results. The analysis suggests that minimizing trading activity can reduce emotional decision-making and fees, both critical for maximizing returns in both traditional and crypto markets.

According to Eric Balchunas, despite founder Jack Bogle's vision that Vanguard’s dominance would signal the end of their mission, Vanguard's market share has reached a new high at 28% as it turns 50 years old. For traders, this continued consolidation in traditional fund management could slow innovation in ETF structures, including spot Bitcoin and crypto ETFs, as larger players like Vanguard have historically been less aggressive in adopting crypto-linked products (Source: Eric Balchunas via Twitter, May 7, 2025). This environment may sustain a more cautious approach to crypto ETF launches, affecting liquidity and exposure options for crypto traders in the near term.