tldr; Vanguard, a $10 trillion asset management giant, is reportedly considering offering its brokerage clients access to third-party crypto ETFs, marking a potential shift from its traditionally anti-crypto stance. This move, driven by client demand and regulatory changes, comes under CEO Salim Ramji, a former BlackRock executive. While Vanguard has lagged behind competitors like Fidelity and BlackRock in embracing crypto, this development could signal a strategic pivot to address growing institutional and retail interest in digital assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
lordchickenburger on
they should just dump all 10T into crypto
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tldr; Vanguard, a $10 trillion asset management giant, is reportedly considering offering its brokerage clients access to third-party crypto ETFs, marking a potential shift from its traditionally anti-crypto stance. This move, driven by client demand and regulatory changes, comes under CEO Salim Ramji, a former BlackRock executive. While Vanguard has lagged behind competitors like Fidelity and BlackRock in embracing crypto, this development could signal a strategic pivot to address growing institutional and retail interest in digital assets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
they should just dump all 10T into crypto