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Vanguard plans to end Bitcoin ETF ban
Citing an anonymous source familiar with the issue, Vanguard is currently looking at ways to meet customer demand for digital assets in an evolving regulatory environment, according to a September 26 report from Crypto in the US.
In particular, Vanguard is not planning to introduce its own products. Instead, well-known anti-Bitcoin investment managers are investigating whether the broker platform will allow clients to access third-party crypto ETFs, even if their biggest competitor, BlackRock, launches the hugely successful Ishares Bitcoin Trust (IBIT).
“They are very well-ordered in their approach and can understand that dynamics have been changing since 2024,” the source reported.
Vanguard stubbornly demonstrated that it would not provide clients with trading access to 12 spot Bitcoin ETFs that were published on US exchanges in January 2024.
 Last July, the company nominated Salim Ramji, a former BlackRock executive at Procrypt, which took the reins from its predecessor, CEO Tim Buckley, leading to speculations of a comeback in its decision to avoid the BTC ETF. However, Ramji poured water on the idea that the asset management giant intended to change its approach to cryptocurrency.
“Vanguard aims to end Bitcoin ETF Ban (aka Bend the Knee Lol),” observed on X, senior ETF analyst at Bloomberg.
vanguard is about to end the Bitcoin ETF ban (aka bends your knees haha). “The dynamics are changing” A lovely scoop by Eleanor. I also heard the chatter. Those clever imo. He knows because Bitcoin and Eth ETFS are very popular and Salim (CEO) was one of the midwives of IBit’s.
The potential change in Vanguard’s position comes as regulators under the Trump administration have adopted a more friendly approach to crypto, and recently the Securities and Exchange Commission has lit a green new generic list standard to promote crypto ETF approval.
“All the crypto siblings that fell crash a week after BC Bitcoin rose 350% will brighten up the day. Vanguard has 50 million investors.
Bitcoin hit the weakest price in almost a month, falling below $109,000 yesterday. The best cipher has since regained its psychological threshold of $110,000, but it is still unclear whether the rebound is sustainable.
