According to breaking news, Vanguard is preparing to offer cryptocurrency ETFs on its brokerage platform.
Asset manager Vanguard is considering allowing clients with US brokerage accounts to access cryptocurrency ETF products, CryptoInAmerica reported.
The company had previously banned its brokerage clients from trading spot crypto ETFs, classifying cryptocurrencies as a highly volatile asset class.
The mutual fund giant, which has $10 trillion in assets under management, has so far stayed on the sidelines when it comes to digital assets, taking a more conservative approach than rivals Fidelity Investments and Charles Schwab.
*This is not investment advice.
