Vanguard prepares to open brokerage doors to crypto ETFs

**Vanguard Embraces Cryptocurrency ETFs: $10 Trillion Asset Manager Ends Crypto Resistance**

Vanguard, the world's second-largest asset manager with $10 trillion in assets under management, is reversing its long-standing opposition to cryptocurrency investments. The financial giant is reportedly developing plans to offer crypto ETFs through its brokerage platform, marking a seismic shift in institutional cryptocurrency adoption.

This strategic pivot represents a major victory for Bitcoin ETFs and the broader digital asset ecosystem. Vanguard's previous resistance to cryptocurrency products made it the last major holdout among institutional asset managers, making this development particularly significant for crypto market legitimacy.

The move signals growing mainstream acceptance of blockchain technology and digital currencies among traditional financial institutions. With Vanguard's massive client base gaining access to cryptocurrency ETFs, this decision could drive substantial capital inflows into Bitcoin and other digital assets.

This institutional endorsement reinforces the growing trend of traditional finance embracing DeFi and cryptocurrency investments, potentially triggering increased adoption across the asset management industry and boosting crypto market capitalization significantly.