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New Vanguard CEO Discussing His Bitcoin ETF Filing (While Leading ETF Business at BlackRock)

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New Vanguard CEO Discussing His Bitcoin ETF Filing (While Leading ETF Business at BlackRock)

This guy just became Vanguard’s new CEO.

So, first BlackRock creates the first Bitcoin ETF. Then, Vanguard bans it. Within weeks, Vanguard’s CEO retires. And now just a few months later, Vanguard hired BlackRock’s former ETF leader who literally oversaw the filing and logistics for IBIT (BlackRock’s Bitcoin ETF).

Eric Balchunas from Bloomberg shares the view that this opens the door to a possible Vanguard Bitcoin ETF or at the very least lift of their ban:

https://x.com/ericbalchunas/status/1790498386203869352?s=46&t=H2JsW2OC6Z2L6gbBvtMl9w

“JUST IN: Salim Ramji will be the new Vanguard CEO. He used to head up BlackRock's global ETF business. First time ever Vanguard hired outsider as CEO. Every other one was internal star and former Bogle assistant. INTERESTING. SEMI-SHOCK.”

submitted by /u/FairBlamer
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