Vanguard, the $11 trillion asset manager famous for resisting the cryptocurrency trend, is reversing course and will allow spot crypto exchange-traded funds to trade on its platform starting Tuesday. The move is seen as a major concession to investor demand. Vanguard serves clients with “diverse needs and risk profiles” and aims to give them “the ability to invest in products they choose,” Andrew Kadjeski, Vanguard’s head of brokerage and investments, told Bloomberg. Vanguard clients will be able to buy ...

Core Insights - U.S.-listed ETFs attracted $147.7 billion in November, marking a significant total despite being lower than October's record of $176 billion. Year-to-date inflows reached $1.27 trillion, setting an annual record with one month remaining [1] - The current pace suggests that net creations for 2025 could exceed $1.4 trillion [1] Inflows by Category - U.S. equity ETFs led the inflows with $73.6 billion, followed by U.S. fixed income ETFs at $33.1 billion, international equity ETFs at $24.6 billion, and international fixed income ETFs at $10.7 billion. Currency ETFs experienced outflows of $3.8 billion, primarily due to cryptocurrency funds [2] Market Performance - The S&P 500 experienced volatility, dropping 5.1% from peak to trough before recovering nearly all losses by month-end, finishing close to its starting point. The 10-year Treasury yield fluctuated, ending the month near 4.08% [3] Cryptocurrency Performance - Bitcoin and ether saw significant declines, with Bitcoin briefly falling to $80,000, approximately one-third below its October all-time high of $125,000 [4] Top Fund Performers - The Vanguard S&P 500 ETF (VOO) led all ETFs with nearly $21 billion in inflows for November, achieving a year-to-date total of almost $125 billion, a new annual record for any ETF [5] - In fixed income, the iShares 0–3 Month Treasury Bond ETF (SGOV) and the iShares 7–10 Year Treasury Bond ETF (IEF) were the top asset gatherers, attracting $5.5 billion and $4.7 billion, respectively. The iShares Core MSCI Emerging Markets ETF (IEMG) led international equity ETFs with $4.6 billion in inflows [6] Top Outflows - The iShares MSCI USA Quality Factor ETF (QUAL), the iShares MBS ETF (MBB), and the iShares Bitcoin Trust (IBIT) experienced the largest outflows, with IBIT losing $2.4 billion and the iShares Ethereum Trust (ETHA) shedding $1.1 billion [7]

🚨 VANGUARD FINALLY OPENS DOORS TO CRYPTO - When $BTC ETFs first went live, people were shocked about financial giant Vanguard's unwillingness to support them... Now all that has changed ⬇️https://t.co/ckKivnMkVy ...

Goldman Sachs has agreed to acquire Innovator Capital Management for about $2 billion, bringing a provider of defined-outcome exchange-traded funds, including a Bitcoin-linked product, into the bank’s asset-management unit. Key Takeaways: Goldman Sachs is buying Innovator to expand its Bitcoin-linked and defined-outcome ETFs. The deal adds about $28 billion to Goldman’s asset-management business. Goldman continues to deepen its crypto push across ETFs and tokenized funds. The deal, expected to clo ...

Core Insights - Bitcoin has rebounded from a dip to $84,000, currently trading close to $87,000, attracting attention from both large investors and smaller traders seeking high returns [1] - The recent recovery follows a challenging November where Bitcoin lost over $18,000, coinciding with record monthly ETF redemptions of $3.47 billion [2] - On-chain activity indicates large holders are accumulating Bitcoin, with technical data showing strong support around $86,000, suggesting a potential run towards $100,000 if December inflows return [3] Group 1: Market Dynamics - Vanguard's policy change allowing clients to trade crypto ETFs and mutual funds starting December 2 could introduce new capital into Bitcoin ETFs, which currently hold $113 billion, potentially stabilizing prices [4] - ETF activity is crucial, with spot Bitcoin funds experiencing significant withdrawals in November but showing signs of leveling off [5] - BlackRock's IBIT, the largest Bitcoin ETF with $70 billion in assets, has increased internal allocations, contributing to the recent price rebound [5] Group 2: Economic Environment - The Federal Reserve's decision to pause quantitative tightening and halt the $2.2 trillion reduction in balance-sheet assets eases liquidity constraints, benefiting assets like Bitcoin [5] - Coinbase's Q4 index update and Franklin Templeton's expansion of its Crypto Index ETF to include major cryptocurrencies widen exposure for investors [6] - The combination of Bitcoin's rebound, Vanguard's policy shift, and the Fed's liquidity changes creates a favorable market environment, potentially leading to significant progress in December [7]

some bullish hopium for crypto- QT officially ended yesterday, removing a major source of liquidity drain from global financial markets- the $11 trillion TradFi behemoth Vanguard will allow clients to buy Bitcoin starting today- another Fed rate cut is highly likely in December- Michael Saylor’s recent announcement of a $1.44 billion reserve to support dividend payments and service debt obligations removes fears of forced selling from the largest corporate Bitcoin holder for the foreseeable future- meanwhil ...

🚨JUST IN: VANGUARD WILL ALLOW CRYPTO-FOCUSED ETFS AND MUTUAL FUNDS TO TRADE ON ITS PLATFORM FROM — BLOOMBERG ...

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Vanguard now allows its clients to access crypto ETFs on its platform starting Tuesday, reversing its previous stance against digital assets.🔹 Kalshi now supports buying and selling tokenized versions of its event-contract wagers on Solana.🔸 Strategy added 130 $BTC for $12M, taking its holdings to 650K $BTC as global listed companies bought a net $21.86M in $BTC last week.🔹 BitMine added 96,798 $ETH last week, bringing its holdings to 3,726,499 ...

JUST IN: $11 trillion Vanguard lists BlackRock, Fidelity, VankEck, and other #Bitcoin ETFs on its website for clients to trade tomorrow 🙌 https://t.co/sfDgTdsHoV ...

And UNDER EXPOSED returns tomorrow at 12 pm ET!@DeeZe + @PeterJennings88 + @0xGeebz join as we chat:- Macro and last week's crypto head fake- The latest Saylor and Tether fud- Vanguard capitulating in+ what we're trading & morehttps://t.co/Umr14BKD6y https://t.co/aX8DJbhVxn ...