The Vanguard Group, the second-largest issuer of exchange-traded funds (ETFs), plans to sit out the cryptocurrency ETF gold rush, according to Salim Ramji, Vanguard's CEO.
“We will not be launching crypto #ETFs,” Ramji said in an Aug. 14 interview with ETF.com.
With almost $2.7 trillion in assets under management (AUM), Vanguard is the world’s second-largest ETF company.
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