Hacker News with Generative AI: Vanguard

Vanguard's average fee is now 0.07% after biggest-ever cut (bloomberg.com)
Vanguard Group has slashed the fees for dozens of its mutual funds and ETFs in a record move that’s likely to send a shock wave through the asset management industry.
Finance, Investment Funds, Vanguard, Asset Management, ETFs
339 points by cantaloupe 18 days ago | 272 comments
No Bitcoin ETFs at Vanguard (2024) (vanguard.com)
The recent introduction of spot bitcoin ETFs has been generating headlines and buzz in pockets of the industry. However, Vanguard does not have plans to create a Vanguard bitcoin ETF or other crypto-related products. Additionally, such products from other issuers will not be offered on our brokerage platform. In this Q&A, two Vanguard leaders—Janel Jackson, global head of ETF Capital Markets and Broker & Index Relations, and Andrew Kadjeski, head of Brokerage & Investments—discuss why.
Bitcoin, ETFs, Finance, Investing, Vanguard
398 points by mooreds 27 days ago | 527 comments