Vanguard has shifted its position on cryptocurrencies, now allowing its over 50 million clients to invest in spot crypto ETFs. This move grants access to ETFs for major cryptocurrencies including Bitcoin, Ethereum, XRP, and Solana. The decision marks a significant change for Vanguard, which had previously maintained a cautious stance towards digital assets.
The introduction of these ETFs is seen as a pivotal moment in the broader acceptance of cryptocurrencies within traditional financial institutions. By offering these investment options, Vanguard joins other major financial firms in embracing the growing demand for digital asset exposure among institutional and retail investors.
Vanguard Opens Access to Spot Crypto ETFs for 50 Million Clients
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