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HomeCrypto NewsMarket$11 Trillion Vanguard Finally Enables Bitcoin and Crypto ETFs for Clients

$11 Trillion Vanguard Finally Enables Bitcoin and Crypto ETFs for Clients

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Vanguard is set to allow its customers to trade crypto ETFs and mutual funds.

The decision marked the end of years of reluctance toward crypto assets and underscored rising demand from both individual and institutional investors.

Vanguard to Enable Crypto Trading Starting Tuesday

Beginning Tuesday, Vanguard clients will gain access to selected crypto-focused ETFs and mutual funds through the firm’s brokerage platform. The company confirmed that these products will be offered through third-party issuers, as it does with gold-based investment vehicles.

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A spokesperson said the move aims to meet the diverse needs of its large investor base, which continues to show interest in digital assets.

In addition, Vanguard emphasized that it will list only ETFs that meet regulatory requirements. These will include products tied to major digital assets such as Bitcoin, Ethereum, XRP, and Solana.

However, the firm ruled out support for memecoin-related offerings. It also reiterated that it has no plans to develop its own crypto ETFs or mutual funds.

Shift Follows Leadership Change

This policy reversal follows years of caution. Vanguard previously opposed crypto ETFs, citing high volatility and concerns about speculative behavior. For instance, former CEO Tim Buckley repeatedly expressed doubts about including Bitcoin-based products in long-term portfolios.

Buckley stepped down in 2024, and leadership shifted to Salim Ramji, the former head of BlackRock’s ETF division. Although Ramji had also resisted crypto offerings earlier in his tenure, the company’s latest move signals a broader reassessment amid persistent customer requests.

Vanguard Manages Over $11 Trillion in Assets

Vanguard remains one of the biggest global asset managers, overseeing more than $11 trillion in assets as of January. Its decision to open the door to crypto investments may influence how other major financial institutions approach digital assets.

Analysts Expect Significant Market Impact

Early commentary on social media platform X suggests that the shift could trigger strong market activity.

Some analysts believe the decision may drive a near-term boost in cryptocurrency prices. Specifically, Crypto analyst and investor Nilesh Rohilla even predicted that Bitcoin could see a quick 5% rise after the announcement.

Meanwhile, others view the move as a sign that traditional finance is steadily entering the digital asset space, with some observers suggesting that large amounts of capital could follow.

As of press time, Bitcoin is trading at $87,003, up 1.2% over the past 24 hours.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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