One of the biggest asset management companies is changing their policies on crypto. And it could unlock trillions of dollars of new investment into digital assets.

What’s happening:

  • Asset management giant Vanguard is allowing their clients to begin investing in spot crypto ETFs listed on major stock exchanges in the United States

Why it matters:‍

  • This is the first time ever that Vanguard has enabled investors to get direct exposure to digital assets through the public markets

Going deeper:‍

  • Vanguard has more than $11T USD of assets under management and roughly 50M clients
  • Vanguard will initially allow investors to get access to major digital assets including Bitcoin, Ethereum and Solana

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