Vanguard’s Shift Fuels Speculation: Is It Sign of a Bear Market? Bitwise CEO Weighs In

Vanguard, the world’s second-largest asset manager, is reversing its longstanding stance on cryptocurrencies by allowing ETFs and mutual funds primarily focused on digital assets to be traded on its platform. This marks a significant shift for the company, as it had previously maintained a cautious view on digital assets due to their volatility. The move allows access to over 50 million brokerage customers with over $11 trillion in assets under management, bringing crypto products into a mainstream market.