Vanguard mulls crypto ETF access for brokerage clients in potential about-turn: report

Vanguard, the asset management giant with over $8 trillion in assets under management, is reportedly reconsidering its stance on cryptocurrency ETFs amid surging client demand for digital assets. This potential policy reversal marks a significant shift for the traditionally conservative firm that has previously avoided Bitcoin and blockchain-related investments.

According to insider sources, Vanguard is laying groundwork to provide brokerage clients access to cryptocurrency ETFs, responding to persistent investor pressure for exposure to digital assets including Bitcoin, Ethereum, and other cryptocurrencies. This move could signal broader institutional adoption of crypto investment products across traditional finance.

The development comes as Bitcoin ETFs continue gaining mainstream acceptance, with major financial institutions increasingly embracing cryptocurrency products. Vanguard's potential entry into the crypto ETF space would represent a major milestone for the digital asset ecosystem, potentially unlocking billions in additional investment capital.

This strategic pivot highlights the growing institutional demand for cryptocurrency exposure and could accelerate mainstream adoption of Bitcoin and blockchain technology. Market analysts suggest Vanguard's participation would legitimize crypto ETFs further, potentially driving significant capital inflows into the cryptocurrency market.