Vanguard to offer its clients access to third-party crypto ETF
The global asset manager, Vanguard, is preparing to allow access to crypto ETFs on its brokerage platform. Reportedly, the company has begun laying the groundwork and holding external discussions due to strong client demand for digital assets and a shifting regulatory environment.
The mutual fund giant with $10 trillion in assets under management has, until now, remained on the sidelines regarding digital assets. For the longest time, it has opted for a more conservative approach than rivals Fidelity Investments and Charles Schwab.
Vanguard looks to list Bitcoin ETFs on their platform, contrary to their previous views. Life happens fast! They also have a new CEO. https://t.co/HXnR1PeS1S