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Vanguard Group becomes the largest shareholder of MicroStrategy, considering providing encryption ETF investment channels.
[Coin World] According to reports, Vanguard Group is currently the largest shareholder of MicroStrategy, holding 7.13% of the shares. The company is considering providing limited cryptocurrency ETF investment channels to brokerage clients through third-party products. This asset management company, with a market capitalization of $11 trillion, recently reduced its stake in MicroStrategy by 9.94% to 18.5 million shares. Despite growing customer interest, Vanguard Group insists it will not develop its own cryptocurrency products. This potential shift comes as Vanguard's new CEO, Salim Ramji, faces criticism from MicroStrategy's Michael Saylor, who has criticized Vanguard for its cautious approach in the cryptocurrency field while indirectly holding Bitcoin exposure through equity holdings.