- Vanguard now allows clients to trade Bitcoin, Ethereum, XRP, and Solana ETFs.
- XRP ETFs have seen $756M inflows in 11 days, with no outflows recorded.
- Goldman and other firms are boosting crypto exposure alongside Vanguard.
In a significant move that reflects growing acceptance of digital assets within mainstream finance, Vanguard has opened its brokerage platform to regulated cryptocurrency exchange-traded funds (ETFs).
Beginning this week, U.S. investors can trade ETFs tied to Bitcoin, Ethereum, XRP, and Solana—marking a notable shift from Vanguard’s long-standing caution toward crypto.
🚨 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
Notably, this change comes amid rising client demand and growing institutional interest in digital assets, prompting Vanguard to adapt its traditionally conservative investment stance.
Vanguard finally embraces crypto
For years Vanguard took a cautious approach to cryptocurrencies. Former CEO Tim Buckley publicly characterized Bitcoin and other digital assets as too speculative for long-term retirement-focused portfolios, and the firm routinely avoided offering crypto products.
That stance began to shift after leadership changes. Salim Ramji, formerly the global head of ETFs at BlackRock, became CEO and gradually moved the company toward accepting regulated crypto products.
Vanguard will not launch its own crypto ETFs or mutual funds, but it now permits third-party, regulated crypto ETFs on its brokerage platform. This allows the firm to provide client access to digital assets while maintaining a compliance-focused approach.
The platform update gives more than 50 million U.S. brokerage clients the ability to trade crypto ETFs alongside other non-core assets such as gold, potentially broadening market participation and driving speculation about near-term price effects for Bitcoin and Ethereum.
Vanguard’s inclusion of XRP ETFs
XRP-based ETFs have drawn particular attention since becoming available on Vanguard. In just 11 trading days, spot XRP ETFs reported net inflows of more than $756 million, with total assets under management around $723 million.
There have been no recorded outflows during that span. Key inflow events included $243 million at Canary Capital’s launch, $164 million across Grayscale and Franklin Templeton ETFs, and $89.65 million in the most recent session. Such rapid accumulation can reduce the liquid supply of XRP on exchanges, raising the possibility of supply-driven price impacts.
Mainstream finance accelerates crypto adoption
Vanguard’s decision mirrors a wider trend of traditional financial institutions integrating crypto exposure into their offerings. For example, Goldman Sachs recently increased its presence in the space through a roughly $2 billion acquisition of Innovator Capital Management, a firm that issues structured and defined-outcome ETFs, including products linked to Bitcoin.
Goldman has also boosted its holdings in Bitcoin and Ethereum ETFs and is investing in infrastructure for tokenized financial products. These moves illustrate a broader, gradual integration of regulated, institutionally backed crypto investments into standard portfolios rather than remaining a niche market.
The implications of Vanguard’s change extend beyond immediate trading activity. By allowing access to regulated crypto ETFs, Vanguard provides both retail and institutional investors a familiar, compliant channel to enter digital asset markets. That channel could attract additional inflows, alter liquidity dynamics, and influence sentiment across Bitcoin, Ethereum, XRP, and Solana.
For Vanguard, the shift responds to client demand and recognizes that digital assets have become an established element of the global financial ecosystem. While the firm retains a focus on regulatory compliance and risk management, offering third-party crypto ETFs signals that mainstream asset managers are increasingly incorporating digital assets into their product suites and client services.