Vanguard’s $11T Crypto Reversal: Can 50 Million New Investors Push Bitcoin to $100K?

Faced with these realities, Vanguard capitulated. The firm still won't launch its own crypto funds, sticking to its core indexing philosophy. However, it now serves as a gateway for clients to buy crypto ETFs from other issuers like BlackRock, Fidelity, and Bitwise.Externally, regulations around crypto developed significantly. Under a more innovation-friendly administration, the SEC eased its stance and approved multiple spot crypto ETFs. Competitors like Fidelity, Charles Schwab, and traditional banks move ...