Vanguard’s Crypto ETF Strategy: What to Expect for the Market
Vanguard is about to allow its brokerage clients to trade third-party crypto ETFs, and the financial community is buzzing. It’s a pretty huge move for them. It’s not just about their own ETF. This means that they’re recognizing that crypto is a thing. But it also raises a ton of questions about how this affects volatility and liquidity. So, what’s in store for us?
Institutional Adoption is Legit
Vanguard allowing trading for third-party crypto ETFs is a big endorsement for crypto. With around $10 trillion in assets under their umbrella, this could bring a lot of liquidity and volume to the crypto market. Major players like Bitcoin and Ethereum could see a boost as more folks get in through a name they trust.
This could also…