Vanguard's New CEO Remains Firm on Bitcoin ETF Stance

By: Eva Baxter

The incoming CEO at Vanguard hints at no change of decision regarding the launching of Bitcoin Exchange Traded Funds (ETF). Recently replacing outgoing CEO Tim Buckley, he is set to take his position effective from July 8.

Despite the leadership change, industry experts are questioning whether this will alter Vanguard's approach to crypto funds. Given the new CEO's history with helping launch BlackRock's spot Bitcoin ETF, there is a degree of speculation around the possibility.