According to Blockworks, a Vanguard spokesperson said: "While we continually evaluate our brokerage (products) and new products entering the market, the spot Ethereum ETF will not be available for purchase on the Vanguard platform." The representative reiterated this week: "We believe that cryptocurrency products are inconsistent with our focus on asset classes such as stocks, bonds and cash, which are the cornerstones of a balanced long-term portfolio." Salim Ramji, former head of BlackRock's ETF business, will become Vanguard's CEO in July this year, but he said he hopes to maintain "consistency" in the types of products and services Vanguard offers.