Vanguard Opens $9.3 Trillion Platform to Crypto ETFs Amid Competitive Pressure

The investment giant is allowing crypto exchange-traded funds on its massive platform to retain clients following rival firms’ gains in digital asset inflows.

Summary

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Terms & Concepts
  • Crypto ETF: An exchange-traded fund that gives investors exposure to cryptocurrencies without directly holding the digital assets.
  • DeFi: Decentralized finance — blockchain-based financial services running without traditional intermediaries.
  • Liquidity push: An initiative to increase tradable assets in a market, enhancing transaction efficiency and participation.