The decision comes after persistent demand from retail and institutional investors, and opens access for over 50m brokerage customers to regulated crypto wrappers. Vanguard will support most crypto ETFs and mutual funds that meet regulatory standards, but won't be creating its own digital inventory and will exclude funds tied to meme coins.
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Vanguard will now allow crypto ETFs on its platform
“Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” said Andrew Kadjeski, head of brokerage and investments at Vanguard. “The administrative processes to service these types of funds have matured; and investor preferences continue to evolve.”
