Vanguard Joins Crypto Market, Offers ETFs & Mutual Funds

Vanguard, a leading investment firm, now offers crypto ETFs and mutual funds to its 50 million clients, marking a significant move into the digital asset market. These funds, proven stable during market fluctuations, will be supported if they meet regulatory standards. Vanguard, however, wont create its own crypto products, instead focusing on providing access to existing regulated funds. This decision aligns with competitors like BlackRock, as the crypto market continues to grow, with spot Bitcoin ETFs alone reaching nearly $120 billion in assets.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.