Vanguard Opens Trading for Crypto ETFs and Mutual Funds
- Vanguard will allow trading of crypto-focused ETFs and mutual funds on its brokerage platform starting tomorrow.
- This change provides over 50 million customers access to regulated investment products linked to Bitcoin, Ether, XRP, and Solana.
- The decision marks a significant reversal from Vanguard’s previous restrictive stance on digital asset products.
- More than $11 trillion in assets managed by Vanguard clients can now gain exposure to digital assets through traditional investment vehicles.
- The move follows months of internal evaluation amidst growing institutional demand for regulated digital asset products in traditional finance.
Vanguard’s decision to permit trading of crypto-focused ETFs and mutual funds provides over 50 million customers with access to regulated Bitcoin, Ether, XRP, and Solana investment products. This shift represents a major policy reversal as institutional demand for digital assets continues to grow.
Source (3.2)https://cryptobriefing.com/vanguard-offers-crypto-etf-access/?rand=59535
