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Vanguard Group will allow ETFs and mutual funds that primarily hold cryptocurrencies to be traded on its brokerage platform starting tomorrow, according to a Bloomberg report.
The decision marks a major reversal from the firm’s previous stance, which had restricted access to digital asset products despite rapid growth in the market. Beginning Tuesday, Vanguard customers can trade regulated investment products tied to Bitcoin, Ether, XRP, and Solana.
The move follows months of internal evaluation and opens the door for more than 50 million brokerage clients, who collectively oversee more than $11 trillion, to gain exposure to digital assets through traditional investment wrappers.
The decision represents a reversal from Vanguard’s historically cautious stance on crypto investments, as institutional demand for regulated digital asset products continues growing across traditional finance.
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