Vanguard Group becomes the largest shareholder of MicroStrategy, considering providing encryption ETF investment channels.

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[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.

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BlockchainArchaeologistvip
· 9h ago
The big ship has finally set sail!
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Anon32942vip
· 9h ago
Looking forward to being taken to the next level by a pro.
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RunWithRugsvip
· 9h ago
Is another Whale surfacing?
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GateUser-1a2ed0b9vip
· 9h ago
Finally willing to enter a position?
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BlockTalkvip
· 9h ago
It's stable, Vanguard is about to make a big move.
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ChainPoetvip
· 9h ago
That is to say, no one can stop the pioneer’s btc brand.
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