Salim Ramji, former BlackRock executive known for his positive stance on Bitcoin, has been appointed as the new CEO of Vanguard. This strategic move marks the first time Vanguard has selected a CEO from outside its ranks. Ramji's prior involvement in launching BlackRock’s spot Bitcoin ETF has sparked speculation about potential changes in Vanguard’s cryptocurrency policies. Industry analysts are particularly keen to see if Ramji will reverse Vanguard’s long-standing reluctance to embrace Bitcoin, especially on its brokerage platform.
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