U.S. public fund Vanguard has appointed former BlackRock executive Salim Ramji as its new CEO, Wu said. Salim Ramji left BlackRock in January, shortly after the firm launched the iShares BTC ETF (IBIT), where Ramji oversaw the trust’s filings and logistics. Vanguard, previously known for its public opposition to cryptocurrencies, chose to appoint a Bitcoin-friendly person as the company's CEO, and it is uncertain whether this will change Vanguard's stance.