Vanguard Enters Crypto ETF Market Amid Market Volatility
Vanguard, the world's second-largest asset manager with $10 trillion in assets under management, will begin offering cryptocurrency ETFs and mutual funds starting December 2, 2025. The funds will include exposure to major digital assets including Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL).
This strategic pivot marks a significant reversal from Vanguard's previous stance of avoiding crypto products due to concerns about volatility. The move follows BlackRock's successful 2024 launch of its IBIT Bitcoin ETF, signaling growing institutional acceptance despite recent market turbulence.
The announcement comes during a fragile period for crypto markets. October's historic liquidation events saw bitcoin plunge to $82,000, with ongoing uncertainty about further declines. Vanguard's entry may provide much-needed stability and legitimacy to the sector.