Vanguard's new CEO, Salim Ramji, has reaffirmed the company's cautious stance on crypto exchange-traded funds (ETFs). He emphasized that the firm will continue to focus on innovation and client-focused strategies without venturing into the crypto ETF space.
Ramji, a former executive at Blackrock, underlines Vanguard's strengths in active fixed income management and its commitment to low-cost investments. This strategy aligns with the firm's long-standing core principles.
