Vanguard Reportedly Weighs Crypto ETFs In Potential Landmark Break From Its Anti-Bitcoin Stance
Vanguard Group, the $10 trillion asset manager, is reportedly weighing plans to let U.S. brokerage clients access cryptocurrency ETFs, according to a report published on Friday.
Vanguard Rethinks Its Crypto Stance
Former Fox Business reporter Eleanor Terrett cited sources familiar with the matter that the firm has begun preliminary reviews of third-party crypto ETFs, which brokerage customers may be given access to.
As of today, no timeline or proprietary product lineup has been confirmed.
Any move forward, however, would mark a sharp departure from its traditionally cautious approach.
Vanguard has long resisted offering cryptocurrency ETFs, arguing that digital assets remain volatile and lack intrinsic value.
In 2024, the firm’s head of ETFs, Janel Jackson, described crypto as “an immature asset class with …
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