🚀 Vanguard Takes a Pass on Crypto ETFs! 🚀
In a surprising twist, Vanguard, the second-largest ETF issuer, is sitting out the crypto ETF gold rush. CEO Salim Ramji declared, "We will not be launching crypto ETFs," emphasizing the importance of staying true to the company's core values.
While competitors like Blackrock are diving headfirst into the crypto waters with Bitcoin and Ethereum ETFs, Vanguard is charting its own course. With $2.7 trillion in assets, they’re focusing on products designed to protect investors from downside risks.
What do you think of Vanguard’s strategy? Share your thoughts below! 💬👇