Vanguard's crypto ETF support boosts Bitcoin over 10%

fortune.com

Bitcoin surged over 10% after Vanguard announced it will allow customers to trade crypto ETFs, reversing its previous stance. This move potentially opens cryptocurrency access to Vanguard's 50 million brokerage customers, calming market jitters following a significant price drop. The cryptocurrency had previously fallen 35% from its October high, influenced by macroeconomic factors and a less favorable outlook for Federal Reserve rate cuts.


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Vanguard's crypto ETF support boosts Bitcoin over 10% | News Minimalist