Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The giant Vanguard reverses policy, paving the way for the future of digital assets.

Vanguard, one of the largest asset management companies in the world, has just decided to allow ETF and mutual funds primarily holding digital currencies such as Bitcoin, Ether, XRP, and Solana to be traded on its platform, according to Bloomberg reporting on Monday.

Previously, Vanguard had stated that it would stay away from crypto-related products, including spot Bitcoin ETFs issued by BlackRock and Fidelity. In fact, CEO Salim Ramji emphasized in August 2024 that the company has no plans to offer crypto ETFs.

According to Bloomberg, Vanguard's decision to change comes from increasing pressure from both individual and institutional clients. Starting Tuesday, ETF and mutual funds holding crypto will be allowed to trade on the Vanguard platform.

*The AUM of Bitcoin spot ETF (Daily)*Andrew Kadjeski, Director of brokerage and investment at Vanguard, stated: “Crypto ETFs and mutual funds have gone through many phases of market volatility, functioning as designed and still maintaining liquidity. The management process of these funds has matured, and investor preferences are also changing.”

Vanguard's shift towards embracing digital assets is a testament to the increasingly integrated trend between traditional finance and the crypto market. According to Bloomberg, the company has been considering adjustments to its policy on crypto products since at least September 2025, with a platform currently serving over 50 million brokerage clients and managing total assets of over $11 trillion.

In the US, crypto ETFs are being gradually rolled out, starting with the Bitcoin spot ETF approved by the SEC in January 2024, followed by the Ether spot ETF six months later. Currently, investors can also purchase ETFs tracking XRP, Solana, Dogecoin, Litecoin, and many other digital assets.

Bloomberg quoted Eric Balchunas, a senior ETF analyst, stating last week that more than 100 new crypto ETFs will be launched in the next six months. As of October, there have been over 150 crypto-based exchange-traded products filed, tracking 35 different types of digital assets.

Vương Tiễn

BTC2.69%
DOGE2.92%
LTC3.7%
SOL4.15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)