One of the world's largest asset managers, Vanguard Group has compared bitcoin to a collectible asset like the viral toy Labooboo, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-12-12/vanguard-equity-quant-says-bitcoin-still-a-digital-labubu-toy-for-now">writes</a>. The token lacks the characteristics such as income, compound interest and cash flow that Vanguard looks for in long-term investments, explained its top manager John Ameriks.

A Vanguard analyst compared bitcoin to popular Labooboo toys

Pop Mart International Group Limited

Most Wall Street analysts remain optimistic about Pop Mart despite the risk of weakening demand

Labubu's creator experienced the strongest stock crash in 1.5 months. What spooked the market?

One Pop Mart employee questioned on live TV whether the company's accessory prices are justified

Labubu maker's shares plummet after incident during promotional stream

Bloks Group Ltd

Laopu Gold Co., Ltd.

China's Pop Mart managed to increase quarterly sales several times over, strongest in Western markets

Shares of manufacturer Labubu collapsed ahead of the report. Were investors worried for nothing?

Investments in Pokémon cards have yielded a 3,821% return since 2004, and shares in Pop Mart, the maker of Labubu toys, have soared 200% in just a few months in 2025. But both iconic monster markets raise the question: Is there a bubble here?