Vanguard Group, a major asset manager managing over $8 trillion in assets and serving more than 50 million clients, has removed restrictions on cryptocurrency ETFs and mutual funds. This policy change, effective December 2, 2025, grants users access to regulated exposure to cryptocurrencies like Bitcoin and Ethereum via familiar investment vehicles. The move marks a significant shift for the firm after years of cautiousness regarding crypto. 2025 saw increased market volatility impacting the overall crypto value, with its total market cap dropping from 4.20 trillion in early October 2025 to 2.94 trillion as of writing. However, this decision comes amidst an ongoing period of uncertainty for the digital asset space. 51 million clients can now gain exposure to Bitcoin and Ethereum without directly handling assets. 2025 saw a surge in investor interest following the approval of Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC). Vanguard’s previous reluctance was driven by concerns over liquidity risks and aligning with long-term investment goals, contrasting with competitors like BlackRock and Fidelity who swiftly embraced spot Bitcoin products. 2024 saw Vanguard’s initial resistance to crypto products despite the SEC approval of Bitcoin ETFs. This shift marks a significant turn for Vanguard as it adapts its approach to an evolving financial landscape. This move has been met with positive reactions, particularly from investors interested in XRP and Solana’s potential in payment systems and smart contracts. Vanguard’s decision could impact traditional finance, boosting liquidity and price stability for cryptocurrencies like Bitcoin and Ethereum. With the new leadership under Salim Ramji, a former BlackRock executive, this policy is driven by user demand and demonstrably robust ETF performance. The move reflects a strategic adjustment to Vanguard’s investment framework, providing users with regulated access to leading crypto products while excluding speculative assets. This decision could influence both institutional investors and retail clients looking for diversified portfolios in the volatile cryptocurrency space.