**New Vanguard CEO Says Asset Manager ‘Won’t Launch Crypto ETFs’**
In a recent announcement that has captured the attention of the cryptocurrency community, the new CEO of Vanguard has firmly stated that the asset management giant has no plans to launch crypto exchange-traded funds (ETFs). This stance comes amid growing interest and demand for crypto-related investment products. Vanguard’s decision highlights a cautious approach towards the volatile and largely unregulated crypto market, setting it apart from some competitors who have already entered the arena. As Vanguard maintains its cautious posture, the eagerly awaited expansion of crypto ETFs in mainstream finance might face some delays.