The big news today is that Vanguard—the world's second-largest asset manager (11 trillion 🤯), known for its extreme caution on crypto—has reportedly reversed its long-standing policy!

Starting soon, the firm will allow its over 50 million customers to trade regulated, crypto-focused ETFs and Mutual Funds on its brokerage platform.

This is a massive signal of growing mainstream acceptance, opening the door for trillions in AUM to potentially gain exposure to regulated Bitcoin, Ether, and other digital asset products.

📉 The Market Pullback
Despite the massive long-term implications of the Vanguard news, the short-term market felt significant pain:
Massive Liquidations: Over $637 million in leveraged crypto positions were wiped out in the last 24 hours.
Macro Pressure: Bitcoin ($BTC) briefly dropped below $86,000 and Ethereum ($ETH) below $2,900 as risk appetite waned, partly due to a global sell-off triggered by a potential interest rate hike signal from the Bank of Japan.

The sell-off was a sudden, leveraged correction rather than a response to any negative crypto-specific news.
Bottom Line: While a major institution is opening its doors to crypto, the market reminds us that global macro factors are still very much in control of short-term volatility.
#CryptoNews #Vanguard #BitcoinETF #BTCDip #MarketCorrection #HODL