Bitcoin

BlackRock

<ul class="news-points">
 <li>Vanguard hired crypto-friendly ex-BlackRock executive Salim Ramji as CEO.</li>
 <li>Vanguard had previously taken a cautious approach to Bitcoin.</li>
 <li>Ramji aims to further Vanguard’s mission into the future, leveraging the firm’s strengths.</li>
</ul>
Vanguard made waves in the digital asset sector, naming Salim Ramji, a former BlackRock executive, who oversaw the launch of the asset management firm’s Bitcoin Exchange-Traded Fund (ETF), as its new CEO.&nbsp;
Ramji left BlackRock in January 2024, expressing his desire to seek new leadership. He’d played a crucial role in the launch of <a href="https://coinedition.com/blackrock-ceo-shocked-by-explosive-growth-of-bitcoin-etfs-amid-overseeing-10t/" rel="noopener noreferrer nofollow">BlackRock’s iShares Bitcoin Trust</a> (IBIT), which he oversaw from filing to logistics.&nbsp;
Eric Balchunas, senior ETF analyst at Bloomberg Intelligence,<a href="https://twitter.com/EricBalchunas/status/1790498867768664204" target="_blank" rel="noopener noreferrer nofollow"> highlighted</a> Ramji’s interest in digital assets, speculating on potential changes in Vanguard’s stance under his leadership.
The Wall Street Journal first<a href="https://www.wsj.com/business/c-suite/vanguard-preparing-to-tap-former-blackrock-executive-as-ceo-77508e2b#:~:text=Salim%20Ramji%2C%20who%20led%20BlackRock's,that%20Ramji's%20appointment%20was%20imminent." target="_blank" rel="noopener noreferrer nofollow"> reported</a> Ramji’s appointment, which was later confirmed by Vanguard through a<a href="https://www.prnewswire.com/news-releases/vanguard-announces-appointment-of-salim-ramji-as-new-ceo-302145541.html" target="_blank" rel="noopener noreferrer nofollow"> press release</a>.&nbsp;
In his statement, Ramji expressed his commitment to leading Vanguard into the future, emphasizing the changing investor landscape and the firm’s mission to ensure investment success for all, while adding…
The post <a href="https://coinedition.com/vanguard-appoints-former-blackrock-executive-salim-ramji-as-new-ceo/" rel="noopener noreferrer nofollow">Vanguard Appoints Former BlackRock Executive Salim Ramji as New CEO</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Vanguard Appoints Former BlackRock Executive Salim Ramji as New CEO

Coin Edition

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