2025-12-03 11:50:24

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GateNewsBot

2025-12-03 07:45:42

Stanford PhD Fred Krueger: Vanguard's support for Bitcoin is significant, with an industry impact surpassing BlackRock's entry.

Bitcoin supporter and Stanford PhD in Mathematics Fred Krueger posted on X: “BlackRock vs. Vanguard—everyone says BlackRock is the biggest, and that’s true. However, in the areas that matter most to most Americans, Vanguard is actually larger:

- #1 in US retirement savings (IRA + 401(k))
- #1 in index mutual funds (Boglehead core funds)
- #1 in direct-to-consumer investing (everyday investors investing directly)
- #1 in passive long-term investing (the default choice for middle-class savers)

Vanguard allowing and accepting Bitcoin investment is hugely significant.”

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