Vanguard has lifted its two-year restriction, now allowing its 50 million brokerage clients to trade Bitcoin, Ethereum, XRP, and Solana ETFs. This strategic move positions Vanguard as a key distribution platform for crypto ETFs without creating its own products. Concurrently, Bank of America will enable its 15,000 advisors to recommend four Bitcoin ETFs starting January 5, 2025, marking a significant step in institutional adoption of Bitcoin. In related developments, BlackRock CEO Larry Fink revealed that several sovereign wealth funds are purchasing Bitcoin during price dips, viewing it as a long-term strategic asset. Additionally, Kraken has acquired Swiss tokenization platform Backed Finance, and Zurich authorities have seized 23 million CHF in Bitcoin from the mixing platform Cryptomixer.io.