Vanguard Lists Crypto ETFs, Signaling Mainstream Acceptance

Vanguard, the worlds second-largest asset management firm, is now listing crypto ETFs and mutual funds, marking a significant shift from their previous stance. This move, reported by Bloomberg, includes funds for popular digital assets like Bitcoin, Ether, Solana, and XRP. The success of crypto ETFs over the past couple of years, with massive trading volumes and record-breaking investor inflows, has led to this change. The cryptocurrency industry has been pushing for these ETFs since 2013, and the regulatory landscape has now clearly changed, opening the doors for these digital asset funds. This development reflects a broader trend in the financial world, indicating a growing mainstream acceptance of cryptocurrencies as investment vehicles.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.