As reported by Cryptofrontnews, Vanguard, managing $11 trillion in assets, launched spot ETFs for Bitcoin, Ethereum, XRP, and Solana, marking a major shift in its stance on digital assets. The move has driven market gains, with Bitcoin rising 8% to $91,000 and Ethereum hitting $3,000. Institutional optimism is growing, as Bank of America plans to allow wealth managers to recommend 1%-4% crypto allocations from 2026. The SEC’s 2026 innovation exemption is also expected to support DeFi and tokenized asset experiments.
Vanguard Launches Crypto ETFs, Spurring Market Gains and Institutional Interest
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