XRP News Today: Vanguard Shifts Stance on Crypto ETFs, Citing Matured Markets and Demand

Vanguard Group, the $11 trillion asset manager, is set to allow trading of cryptocurrency exchange-traded funds (ETFs) on its brokerage platform starting December 2, 2025, [marking a significant reversal](https://coinpaprika.com/news/vanguard-allows-crypto-etfs-platform-december-2025/) from its long-standing opposition to digital assets. The firm will support ETFs and mutual funds linked to Bitcoin, Ethereum, XRP, and Solana, treating them as non-core assets akin to gold, while [excluding memecoin-based products](https://coinpedia.org/crypto-live-news/vanguard-opens-its-platform-to-crypto-etfs-and-funds/#:~:text=Vanguard%20opens%20its%20platform%20to%20regulated%20crypto%20ETFs,and%20SOL%20starting%20Dec%202%2C%202025%2C%20excluding%20memecoins.). This shift, [attributed to evolving investor preferences](https://www.livebitcoinnews.com/crypto-etfs-news-vanguard-approves-trading-for-crypto-etfs/), affects over 50 million clients managing $11 trillion in assets.

The decision follows a multi-year resistance by Vanguard, which previously removed all crypto ETFs from its platform in early 2024. Former CEO Tim Buckley had [dismissed crypto as a viable investment](https://coinpaprika.com/news/vanguard-allows-crypto-etfs-platform-december-2025/) in 2018, citing volatility, lack of cash flow, and unsuitability for retirement portfolios. However, [the appointment of Salim Ramji](https://www.livebitcoinnews.com/crypto-etfs-news-vanguard-approves-trading-for-crypto-etfs/) as CEO in 2024, catalyzed a strategic reevaluation. Andrew Kadjeski, Vanguard's head of brokerage and investments, noted that crypto ETFs have "matured" through periods of volatility, with administrative processes now robust enough to support them [according to reports](https://coinpaprika.com/news/vanguard-allows-crypto-etfs-platform-december-2025/).

Market dynamics also played a role. The launch of 11 spot Bitcoin ETFs in January 2024 [attracted $25 billion in inflows](https://coinpaprika.com/news/vanguard-allows-crypto-etfs-platform-december-2025/), with BlackRock's iShares Bitcoin Trust alone managing $70 billion despite recent corrections. Vanguard's move positions it as the last major U.S. brokerage to offer crypto ETFs [after competitors like Fidelity and Schwab](https://coinpaprika.com/news/vanguard-allows-crypto-etfs-platform-december-2025/). While the firm will not launch its own crypto products, it emphasizes regulatory compliance and risk management, [aligning with broader institutional adoption trends](https://coinpedia.org/crypto-live-news/vanguard-opens-its-platform-to-crypto-etfs-and-funds/#:~:text=Vanguard%20opens%20its%20platform%20to%20regulated%20crypto%20ETFs,and%20SOL%20starting%20Dec%202%2C%202025%2C%20excluding%20memecoins.).

The timing coincides with a $1 trillion decline in crypto market value since October 2025, though ETF inflows remain resilient. U.S. spot Bitcoin ETFs [reached $170 billion in assets](https://www.livebitcoinnews.com/crypto-etfs-news-vanguard-approves-trading-for-crypto-etfs/) under management by October, driven by demand from both retail and institutional investors. [Analysts suggest Vanguard's decision](https://www.livebitcoinnews.com/crypto-etfs-news-vanguard-approves-trading-for-crypto-etfs/) could encourage other conservative institutions to follow, further legitimizing crypto as part of mainstream portfolios.

Separately, Ripple, the firm behind XRP, [expanded its Singapore-based payment services](https://www.fxstreet.com/cryptocurrencies/news/xrp-dives-5-despite-ripples-new-license-to-expand-crypto-payments-in-singapore-202512020015) under a new regulatory license, enabling broader use of XRP and RLUSD stablecoin for cross-border transactions. Despite XRP's 5% drop to $2.00, [the approval underscores Singapore's role](https://decrypt.co/350487/ripple-expand-xrp-rlusd-payments-singapore-after-securing-license) as a regulatory hub for digital assets.

Vanguard's policy shift reflects a maturing market where crypto ETFs bridge traditional and digital finance, offering investors diversified exposure without direct cryptocurrency ownership. As the firm adapts to client demand and product innovation, the move [signals growing institutional confidence](https://coinedition.com/vanguard-opens-trading-for-bitcoin-xrp-and-solana-etfs/) in regulated crypto structures.