Citing Coinrise, Vanguard, the world’s second-largest asset manager, will begin allowing clients to trade third-party crypto ETFs and mutual funds on its platform starting Tuesday. The firm cited growing demand from both retail and institutional investors as the reason for the policy shift, which marks a significant departure from its long-standing opposition to digital assets. Bloomberg analyst Eric Balchunas noted that only regulatory-compliant ETFs, including those linked to Bitcoin, Ether, XRP, and Solana, will be available. Vanguard, which manages over $11 trillion in assets, has drawn speculation that its move could boost investor interest and drive further adoption of crypto in traditional finance.
Vanguard Reverses Stance, Allows Crypto ETFs and Mutual Funds on Platform
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