Still a no: Vanguard shoots down prospect of platforming ETH ETFs

Anyone paying attention to the launch of spot bitcoin ETFs probably knows how Vanguard feels about such products.

If you thought the financial services giant might view ether differently — or evolve their stance — you can keep thinking.

“While we continuously evaluate our brokerage [offering] and evaluate new product entries to the market, spot ether ETFs will not be available for purchase on the Vanguard platform,” a company spokesperson told Blockworks. 

The clarity comes after the Securities and Exchange Commission last week approved 19b-4 proposals by exchanges looking to list spot ETH funds. The regulator still has to sign off on registration statements from the fund…

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