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

This man simply grew to become Vanguard’s new CEO.

So, first BlackRock creates the primary Bitcoin ETF. Then, Vanguard bans it. Inside weeks, Vanguard’s CEO retires. And now just some months later, Vanguard employed BlackRock’s former ETF chief who actually oversaw the submitting and logistics for IBIT (BlackRock’s Bitcoin ETF).

Eric Balchunas from Bloomberg shares the view that this opens the door to a potential Vanguard Bitcoin ETF or on the very least carry of their ban:

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

“JUST IN: Salim Ramji would be the new Vanguard CEO. He used to move up BlackRock's international ETF enterprise. First time ever Vanguard employed outsider as CEO. Each different one was inner star and former Bogle assistant. INTERESTING. SEMI-SHOCK.”