Vanguard plans to appoint former BlackRock ETF executive as new CEO
On May 15th, Vanguard announced plans to appoint a former BlackRock ETF executive as their new CEO. Despite Vanguard's previous public opposition to cryptocurrency, this significant personnel change has sparked speculation in the market about Vanguard's potential change in attitude towards cryptocurrency. It is currently unclear whether the new CEO will adjust the company's stance on crypto assets or how this will affect Vanguard's investment strategy and product development.
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