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Vanguard Hires Former BlackRock ETF Head as New CEO

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The US-based investment advisor firm Vanguard has officially hired Salim Ramji, BlackRock’s former global head of ETFs, as its new CEO. Indeed, the appointment arrives after Vanugaurd opted to ban all recently approved Spot Bitcoin ETFs on its platform in January of this year. Ramji was a crucial part of BlackRock’s operations and led its iShares & index investing, developing and enhancing the asset management firm’s offerings for their global client base. A major part of that was the firm’s recent Spot Bitcoin ETF which has proved immensely successful. Subsequently, the hire has many wondering if Vanguard could be set to enter the Bitcoin ETF space. JUST IN: Vanguard hires BlackRock's global head of ETFs Salim Ramji as new CEO. Vanguard banned all spot #Bitcoin ETFs from their platform in January. — Watcher.Guru (@WatcherGuru) May 15, 2024 Also Read: Europe’s Second-Largest Bank Buys BlackRock Bitcoin ETF Shares Vanguard A...