According to Odaily Planet Daily, Vanguard Group CEO Salim Ramji said the company does not plan to launch a cryptocurrency exchange-traded fund (ETF).
Salim Ramji took over as Vanguard Group CEO last month after spending a decade in senior leadership roles at BlackRock.
Ramji most recently served as Global Head of iShares and Index Investing at BlackRock, where he was responsible for managing the majority of the firm’s client assets and growing the iShares platform.