{"id":16762,"date":"2024-08-19T21:37:58","date_gmt":"2024-08-20T01:37:58","guid":{"rendered":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/"},"modified":"2024-08-19T21:37:58","modified_gmt":"2024-08-20T01:37:58","slug":"we-will-not-be-launching-crypto-etfs","status":"publish","type":"post","link":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/","title":{"rendered":"&#8220;We will not be launching crypto ETFs&#8221;"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>Vanguard's Ramji firmly rejects the introduction of crypto ETFs.<\/li>\n<li>Despite market trends, Vanguard maintains its identity focusing on client-centric strategies.<\/li>\n<\/ul>\n<p>Share this article<\/p>\n<div class=\"social-icons\">\n<p>      <\/p><\/div>\n<p>Salim Ramji, Vanguard\u2019s CEO, said the company would not chase market trends that conflict with its core principles and client needs. In an exclusive interview with ETF.com, Ramji stated that Vanguard \u201cwill not be launching crypto ETFs,\u201d reinforcing the firm\u2019s commitment to its foundational values.<\/p>\n<blockquote wp_automatic_readability=\"8\">\n<p>\u201cI\u2019m not going to copy competitors,\u201d Ramji asserted when asked if he would adopt a similar strategy to BlackRock, where he served as head of iShares for around 5 years.<\/p>\n<\/blockquote>\n<p>Vanguard will maintain its core identity and values, avoiding drastic departures from its established principles, Ramji noted.<\/p>\n<p>While staying true to its core, Vanguard will pursue innovative solutions within its existing capabilities, according to the new CEO.<\/p>\n<blockquote wp_automatic_readability=\"8\">\n<p>\u201cBut I want more innovation. For example, we have an outstanding active fixed income capability,\u201d Ramji stated.<\/p>\n<\/blockquote>\n<blockquote wp_automatic_readability=\"7\">\n<p>\u201cJack Bogle\u2019s \u201ccost matters hypothesis\u201d is something we will always keep in mind,\u201d he added.<\/p>\n<\/blockquote>\n<p>Ramji succeeds Tim Buckley following Vanguard\u2019s appointment in May. The company\u2019s former CEO made countless statements against spot Bitcoin product offerings.<\/p>\n<p>The transition first sparked hopes that the investment giant would consider offering spot crypto ETFs. However, Ramji has confirmed that Vanguard will not file for a Bitcoin ETF and will not host such products on its brokerage platform.<\/p>\n<div class=\"ad-banner mrec-in-article\">\n<div class=\"code-block code-block-4 ai-track\" data-ai=\"WzQsIiIsIk1SRUMgSW4tYXJ0aWNsZSAtIDMwMHgyNTAiLCIiLDFd\" style=\"margin: 8px 0; clear: both; width: 300px; height: 250px;\">\n<div class=\"ai-rotate ai-unprocessed\" data-shares=\"WzEwMF0=\" style=\"position: relative;\">\n<div class=\"ai-rotate-option\" style=\"visibility: hidden;\" data-index=\"1\" data-name=\"U0lNRVRSSQ==\">\n<p>  <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Sapphire\" width=\"300\" height=\"250\" data-lazy-src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2024\/03\/18060845\/600x500.jpg\"\/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Despite the approval of spot Bitcoin and Ethereum ETFs in the US, Vanguard chooses to stick to its stance that crypto assets like Bitcoin and Ethereum are speculative rather than investment-worthy. The firm prohibited its clients from trading US spot Bitcoin ETFs shortly after their launch.<\/p>\n<p>Bloomberg ETF analyst Eric Balchunas previously commented on the firm\u2019s protective stance, suggesting that while frustrating, it aligns with Vanguard\u2019s cooperative-like business model, which does not prioritize maximizing revenue through trendy ETFs.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\" wp_automatic_readability=\"12.525835866261\">\n<p lang=\"en\" dir=\"ltr\">I know this drives CT crazy but I would just take the L here and move on, Vanguard is not a normal asset manager (constantly hunting for revenue). they more like a co-op, and they've taken in nearly billion a day for over a decade, and so they not envious of other peoples' hit\u2026<\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) May 30, 2024<\/p>\n<\/blockquote>\n<p>Share this article<\/p>\n<div class=\"social-icons\">\n<p>      <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Follow on Google News\" width=\"140\" height=\"41\" data-lazy-src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2024\/04\/05153217\/follow-us-on-google-news.png\"\/><\/p><\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptobriefing.com\/vanguard-ceo-rejects-crypto-etfs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Vanguard&#8217;s Ramji firmly rejects the introduction of crypto ETFs. Despite market trends, Vanguard maintains its identity focusing on client-centric strategies. Share this article Salim Ramji, Vanguard\u2019s CEO, said the company would not chase market trends that conflict with its core principles and client needs. In an exclusive interview with ETF.com, Ramji stated that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-16762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;We will not be launching crypto ETFs&quot; - Sikaoer - The Best Crypto News Site.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;We will not be launching crypto ETFs&quot;\" \/>\n<meta property=\"og:description\" content=\"Key Takeaways Vanguard&#039;s Ramji firmly rejects the introduction of crypto ETFs. Despite market trends, Vanguard maintains its identity focusing on client-centric strategies. Share this article Salim Ramji, Vanguard\u2019s CEO, said the company would not chase market trends that conflict with its core principles and client needs. In an exclusive interview with ETF.com, Ramji stated that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\" \/>\n<meta property=\"og:site_name\" content=\"Sikaoer - The Best Crypto News Site.\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-20T01:37:58+00:00\" \/>\n<meta name=\"author\" content=\"SikaoerAdmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SikaoerAdmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\"},\"author\":{\"name\":\"SikaoerAdmin\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67\"},\"headline\":\"&#8220;We will not be launching crypto ETFs&#8221;\",\"datePublished\":\"2024-08-20T01:37:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\"},\"wordCount\":388,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/sikaoer.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\",\"url\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\",\"name\":\"\\\"We will not be launching crypto ETFs\\\" - Sikaoer - The Best Crypto News Site.\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg\",\"datePublished\":\"2024-08-20T01:37:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage\",\"url\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg\",\"contentUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg\",\"width\":800,\"height\":439,\"caption\":\"\\\"We will not be launching crypto ETFs\\\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sikaoer.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"&#8220;We will not be launching crypto ETFs&#8221;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sikaoer.com\/#website\",\"url\":\"https:\/\/sikaoer.com\/\",\"name\":\"Sikaoer\",\"description\":\"Latest Bitcoin &amp; Cryptocurrency News\",\"publisher\":{\"@id\":\"https:\/\/sikaoer.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sikaoer.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/sikaoer.com\/#organization\",\"name\":\"Sikaoer - The Best Crypto News Site.\",\"url\":\"https:\/\/sikaoer.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/04\/logo-2.jpg\",\"contentUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/04\/logo-2.jpg\",\"width\":150,\"height\":120,\"caption\":\"Sikaoer - The Best Crypto News Site.\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67\",\"name\":\"SikaoerAdmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d9aa1aaa8881206cba9ed81b39cf5aee?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d9aa1aaa8881206cba9ed81b39cf5aee?s=96&d=mm&r=g\",\"caption\":\"SikaoerAdmin\"},\"sameAs\":[\"https:\/\/sikaoer.com\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"\"We will not be launching crypto ETFs\" - Sikaoer - The Best Crypto News Site.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/","og_locale":"en_US","og_type":"article","og_title":"\"We will not be launching crypto ETFs\"","og_description":"Key Takeaways Vanguard's Ramji firmly rejects the introduction of crypto ETFs. Despite market trends, Vanguard maintains its identity focusing on client-centric strategies. Share this article Salim Ramji, Vanguard\u2019s CEO, said the company would not chase market trends that conflict with its core principles and client needs. In an exclusive interview with ETF.com, Ramji stated that [&hellip;]","og_url":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/","og_site_name":"Sikaoer - The Best Crypto News Site.","article_published_time":"2024-08-20T01:37:58+00:00","author":"SikaoerAdmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"SikaoerAdmin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#article","isPartOf":{"@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/"},"author":{"name":"SikaoerAdmin","@id":"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67"},"headline":"&#8220;We will not be launching crypto ETFs&#8221;","datePublished":"2024-08-20T01:37:58+00:00","mainEntityOfPage":{"@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/"},"wordCount":388,"commentCount":0,"publisher":{"@id":"https:\/\/sikaoer.com\/#organization"},"image":{"@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/","url":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/","name":"\"We will not be launching crypto ETFs\" - Sikaoer - The Best Crypto News Site.","isPartOf":{"@id":"https:\/\/sikaoer.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage"},"image":{"@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg","datePublished":"2024-08-20T01:37:58+00:00","breadcrumb":{"@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#primaryimage","url":"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg","contentUrl":"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/08\/We-will-not-be-launching-crypto-ETFs.jpg","width":800,"height":439,"caption":"\"We will not be launching crypto ETFs\""},{"@type":"BreadcrumbList","@id":"https:\/\/sikaoer.com\/we-will-not-be-launching-crypto-etfs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sikaoer.com\/"},{"@type":"ListItem","position":2,"name":"&#8220;We will not be launching crypto ETFs&#8221;"}]},{"@type":"WebSite","@id":"https:\/\/sikaoer.com\/#website","url":"https:\/\/sikaoer.com\/","name":"Sikaoer","description":"Latest Bitcoin &amp; Cryptocurrency News","publisher":{"@id":"https:\/\/sikaoer.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sikaoer.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/sikaoer.com\/#organization","name":"Sikaoer - The Best Crypto News Site.","url":"https:\/\/sikaoer.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sikaoer.com\/#\/schema\/logo\/image\/","url":"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/04\/logo-2.jpg","contentUrl":"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/04\/logo-2.jpg","width":150,"height":120,"caption":"Sikaoer - The Best Crypto News Site."},"image":{"@id":"https:\/\/sikaoer.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67","name":"SikaoerAdmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sikaoer.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d9aa1aaa8881206cba9ed81b39cf5aee?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d9aa1aaa8881206cba9ed81b39cf5aee?s=96&d=mm&r=g","caption":"SikaoerAdmin"},"sameAs":["https:\/\/sikaoer.com"]}]}},"_links":{"self":[{"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/posts\/16762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/comments?post=16762"}],"version-history":[{"count":0,"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/posts\/16762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/media\/16763"}],"wp:attachment":[{"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/media?parent=16762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/categories?post=16762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sikaoer.com\/wp-json\/wp\/v2\/tags?post=16762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}