Vanguard Embraces Crypto: A Major Shift

Vanguard Group, the worlds second-largest asset manager, is now allowing exchange-traded funds and mutual funds holding cryptocurrencies like Bitcoin, Ether, XRP, and Solana to be traded on its platform. This shift, despite a significant market drop, opens up access to regulated crypto products for over fifty million brokerage customers. The move reflects a growing acceptance of digital assets within traditional finance, following the appointment of a blockchain advocate as CEO.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.