According to Bloomberg, Vanguard will begin allowing ETFs and mutual funds that primarily hold Bitcoin, Ether, XRP, Solana, and other cryptocurrencies to trade on its platform starting December 2, 2025, ending its long-standing stance against supporting crypto products. Vanguard said it will support most crypto ETFs and mutual funds that meet regulatory requirements but will not launch its own crypto products and will continue to exclude funds linked to memecoins. https://t.co/xXDUzGk9bp ...

BlackRock is converting two mutual funds — managed by Rick Rieder — into ETFs to better fit the strategies into the firm’s booming model-portfolio ecosystem https://t.co/IoGTQ6VcRN ...

25 years ago, the notion that levered loans would trade was a fantasy. How could they trade. Every loan was different. Every company was private.There were no benchmarks. There was nothing. One bank stood up and said, "Levered loans are going to trade." 25 years later, levered loans trade because this one bank made a market in it. And then other banks came and made a market in it.And lo and behold, we take for granted that the broadly syndicated market trades. We have ETFs. We have an open-ended mutual fund ...