Salim Ramji, the newly appointed CEO of Vanguard, has made it clear that the investment firm will not be launching a Bitcoin ETF. This clarification comes at a time when notable competitors such as BlackRock and Fidelity are making strides in this direction.
Ramji's statement emphatically puts to rest any speculation about Vanguard's entry into the cryptocurrency ETF arena, underscoring the firm's cautious approach to such investments.