Vanguard Embraces Cryptocurrency ETFs After Years of Hesitation: What Does This Mean for Investors?

Vanguard Group, a prominent asset manager with over $8 trillion in assets under management and millions of clients, has recently shifted its stance on cryptocurrency. Starting December 2nd, 2025, their brokerage customers can now trade certain cryptocurrency exchange-traded funds (ETFs) and mutual funds. This marks a significant change for the firm, ending previous restrictions on these products. Previously, Vanguard’s cautious approach to cryptocurrencies reflected founder John Bogle’s philosophy of low-cost, diversified investment strategies based on historical data. However, market volatility has led them to reconsider their stance.