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Vanguard Opens to BTC, ETH, XRP, SOL ETFs

Vanguard ends years of crypto resistance, allowing 50M+ brokerage clients to trade spot $BTC, $ETH, $XRP, and $SOL ETFs.
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Dec 2, 2025 • 1 min read

Vanguard has reversed its long-standing opposition to cryptocurrency exposure and will begin allowing its brokerage customers to trade spot Bitcoin, Ethereum, XRP, and Solana ETFs starting today.

What's the scoop?

  • Policy Reversal: Vanguard will permit trading of funds holding Bitcoin, Ethereum, XRP, and Solana, treating them the same as other non-core assets like gold.
  • Customer Reach: The change opens regulated crypto ETF access to over 50M Vanguard brokerage accounts across the U.S.
  • Leadership Factor: New CEO Salim Ramji, former BlackRock iShares executive who oversaw the IBIT filing, took over in July 2024 and has publicly supported Bitcoin and blockchain.

Bankless Take:

Vanguard’s pivot ends one of the last major holdouts among traditional asset managers and hands tens of millions of retirement-focused investors easy, regulated access to crypto. A second order effect of this is the quiet validation of $SOL ETFs in the same breath as Bitcoin and Ethereum, with the new set of ETFs seeing steady, sizable inflows all throughout the month of November.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.