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Fortune

Carlos Garcia

Vanguard has a change of heart on crypto, lists Bitcoin and other ETFs

Vanguard Crypto Bitcoin ETF Solana

A computer screen with the Vanguard logo on it (Credit: Gabby Jones—Bloomberg/Getty Images)

Another day, another massive financial institution embraces crypto. This time it’s Vanguard, the world’s second-largest asset management firm. Starting on Tuesday, Bloomberg reports, the brokerage—which long took the position that crypto is not a suitable investment for its clients—will begin listing crypto ETFs and mutual funds, including those for Bitcoin, Ether, Solana, and XRP.

Vanguard has about $11 trillion in assets and more than 50 million customers. The move means that investors of all kinds can now buy and sell crypto ETFs.

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