星球日报
星球日报|12月 02, 2025 11:37
[Vanguard to Allow Clients to Trade Crypto Funds Like XRP, Officially Opening Crypto ETF Access] Odaily Planet Daily News – Vanguard, with $11 trillion in assets under management, has announced a shift from its previous resistance to cryptocurrencies and will allow trading of spot cryptocurrency exchange-traded funds (ETFs) on its platform starting Tuesday. This move is seen as a significant concession to investor demand. Andrew Kadjeski, head of Vanguard's brokerage and investment business, stated that Vanguard aims to provide its more than 50 million brokerage clients with the ability to choose investment products. Clients will be able to buy and sell ETFs and mutual funds holding BTC, ETH, XRP, and Solana. Vanguard has joined the ranks of giants like BlackRock, Fidelity, and Franklin Templeton. BlackRock's iShares Bitcoin Trust ETF holds $66 billion in BTC assets but has dropped from a peak of nearly $100 billion. The XRP ETF has attracted $756 million in investments since its launch on November 13, while the Solana ETF has seen $605 million in inflows since its launch in October. Vanguard stated that it currently has no plans to launch its own crypto products. (DLnews)
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