Does Vanguard offer a cryptocurrency ETF?
Vanguard has said it does not offer a cryptocurrency ETF and will not accept spot bitcoin ETF orders in its brokerage. Other issuers list them.
Vahe HakobyanEditor-in-chief
Updated Oct 5, 20263 min readFact-checked
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An ETF is a fund whose shares trade on stock exchanges. A cryptocurrency ETF holds coins or futures contracts and trades like a stock. Vanguard's own ETFs hold stocks and bonds. The company has said it will not add a crypto fund.
Does Vanguard offer a crypto ETF?
Vanguard has not put a cryptocurrency fund in its lineup. Its ETFs hold stocks and bonds. The company has said it does not run a fund that holds bitcoin, ether, or crypto futures.
Why Vanguard blocks crypto ETFs
In January 2024, Vanguard said its brokerage would not accept purchase orders for spot bitcoin ETFs, citing a long-term investing focus. The company also explained how it judges crypto as an asset.
- Vanguard says crypto has no intrinsic value.
- It says crypto produces no cash flows, such as dividends or interest.
- It calls crypto speculative.
Where to find crypto ETFs
Other issuers run spot bitcoin and ether ETFs, but Vanguard does not. The SEC approved the first US spot bitcoin ETFs in January 2024, and spot ether funds followed in 2024. To buy those ETFs, a Vanguard account holder must use a broker that lists them.
Vanguard ETFs vs crypto ETFs
Vanguard ETFs hold stocks and bonds, so their value follows earnings, interest rates, and credit quality. Crypto ETFs hold coins or futures contracts. That difference decides what moves the fund's price and what risks it carries.
Frequently asked questions
Its restriction covers accounts Vanguard services, including IRAs held there. Another custodian may allow the fund.
Vanguard has not launched a blockchain or crypto fund. A technology fund can hold blockchain companies, but that is not direct crypto exposure.
The company has not announced a change. Fund lineups and brokerage rules can be revised, so check its disclosures and account terms.
