- Vanguard now allows clients to trade ETFs tied to Bitcoin, Ethereum, XRP, and Solana.
- XRP ETFs recorded inflows of $756 million over 11 days, with no outflows reported.
- Goldman Sachs and other firms, alongside Vanguard, are increasing their presence in the cryptocurrency space.
In a dramatic shift that highlights growing acceptance of digital assets by mainstream finance, Vanguard has opened its brokerage platform to regulated crypto ETFs.
Starting this week, U.S. investors can access exchange-traded funds linked to Bitcoin, Ethereum, XRP, and Solana — a notable change from the company’s long-standing reluctance toward cryptocurrencies.
🚨 Just found this on Vanguard’s official website 👀
Multiple XRP ETFs (Franklin, Canary, REX-Osprey, ProShares…) are now showing under « Non-Vanguard Funds » in the Digital Assets category.
Looks like access is finally opening up for crypto ETFs pic.twitter.com/Y08IgtAybg
— Arthur (@XrpArthur) December 2, 2025
This move comes amid rapid client demand and rising institutional interest in digital assets, prompting Vanguard to rethink its traditional investment philosophy.
Vanguard finally embraces cryptocurrency
For years Vanguard maintained a cautious stance on cryptocurrencies. Former CEO Tim Buckley publicly dismissed BTC and other digital assets as too speculative and unsuitable for long-term portfolios.
The firm consistently declined to offer crypto ETFs, emphasizing stability and low-risk investments for its retirement-focused clients.
But a change in leadership paved the way for a reassessment.
Salim Ramji, the former global head of ETFs at BlackRock, became CEO and gradually steered Vanguard toward regulated crypto offerings.
Although the company has not launched its own crypto ETFs or mutual funds, it now supports third-party products that meet regulatory standards, providing clients access to digital assets while adhering to compliance requirements.
The platform expansion enables more than 50 million U.S. brokerage customers to trade crypto ETFs alongside other non-core assets, such as gold.
This broader access could materially increase market participation, and some analysts expect short-term price effects for Bitcoin (BTC) and Ethereum (ETH).
XRP ETFs added to Vanguard
Among the new options, XRP-based ETFs attracted particular attention.
In just 11 trading days, spot XRP ETFs registered net inflows exceeding $756 million, and total assets under management reached $723 million.
Notably, there were no outflows. Major inflows included $243 million at the Canary Capital launch, $164 million related to Grayscale and Franklin Templeton ETFs, and $89.65 million in the most recent session.
This rapid accumulation reduces the available liquid supply of XRP on exchanges, potentially creating a supply shock that could influence price dynamics.
Traditional finance accelerates crypto adoption
Vanguard’s pivot mirrors a broader trend among established financial institutions adopting cryptocurrencies.
For example, Goldman Sachs has deepened its exposure by acquiring Innovator Capital Management for $2 billion. Innovator issues outcome-based ETFs and structured funds, including products linked to Bitcoin.
Goldman has quickly scaled assets in Bitcoin and Ethereum ETFs into the billions and has been developing infrastructure for tokenized financial products.
Industry observers view these moves as part of a gradual but significant integration of digital assets into mainstream portfolios, signaling that regulated, institutionally backed crypto investments are moving from niche to standard offerings.
The implications of Vanguard’s decision extend beyond immediate market activity.
By granting access to regulated crypto ETFs, the firm creates a channel for both retail and institutional investors to participate in digital asset markets through a familiar, regulated platform.
That access could attract additional inflows, potentially altering liquidity dynamics and market sentiment across Bitcoin, Ethereum, XRP, and Solana.
For Vanguard, the change responds to client demand and acknowledges that digital assets have become a lasting component of the global financial landscape.