The Vanguard Group, managing $11 trillion in assets, has suddenly come to its senses — starting from December 2nd, their brokerage platform will fully open third-party encryption ETF trading to clients.
This time the opening is not small: Bitcoin ETF and Ethereum ETF can be purchased, and even the ETF products of SOL and XRP are on the open list. Popular products like BlackRock's IBIT and the long-established GBTC can now be traded on the Vanguard platform.
However, there is a rather subtle detail - Vanguard has clearly stated that they will not launch any self-operated products related to encryption. They will only act as intermediaries, allowing clients to choose ETFs from other companies. Their attitude can be seen as opening a door, but not fully embracing it.
This is a good signal for retail investors, as a platform with a size of $11 trillion begins to accept encryption ETFs, indicating that the acceptance of this sector in mainstream finance is indeed improving.
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ser_ngmi
· 18h ago
Pioneers are being forced, right? It's strange that they haven't moved since BlackRock has opened up.
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Intermediaries profit from the price difference, very clever.
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Won't they launch their own products? Cowardly, just afraid of the risks.
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110 trillion has finally become docile, web3 has won big.
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To put it bluntly, they're pretending to be open-minded for the sake of money, very ambiguous attitude.
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This is the true signal of institutional entry, while retail investors are still hesitating.
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Only acting as intermediaries without launching products, this way they can avoid risks and still take a share, playing a good game of chess.
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Mainstream finance has compromised, we’ve known it would be like this for a long time.
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MevHunter
· 18h ago
This move by the pioneer is the operation of smart people, letting customers choose for themselves, making money and losing money on their own, with all the risks thrown out.
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WhaleInTraining
· 18h ago
This wave of operations by the pioneer is, to put it simply, wanting to make money but afraid of getting burned.
Wait, what does it mean that they don't make products themselves? Are they afraid of risks or are they just not optimistic?
Forget it, as long as it can be bought, it's better than nothing.
The Vanguard Group, managing $11 trillion in assets, has suddenly come to its senses — starting from December 2nd, their brokerage platform will fully open third-party encryption ETF trading to clients.
This time the opening is not small: Bitcoin ETF and Ethereum ETF can be purchased, and even the ETF products of SOL and XRP are on the open list. Popular products like BlackRock's IBIT and the long-established GBTC can now be traded on the Vanguard platform.
However, there is a rather subtle detail - Vanguard has clearly stated that they will not launch any self-operated products related to encryption. They will only act as intermediaries, allowing clients to choose ETFs from other companies. Their attitude can be seen as opening a door, but not fully embracing it.
This is a good signal for retail investors, as a platform with a size of $11 trillion begins to accept encryption ETFs, indicating that the acceptance of this sector in mainstream finance is indeed improving.