I can’t believe nobody on CT is highlighting that Vanguard disclosed yesterday they own 11.4% of Coinbase (COIN) common stock.
That’s an eye watering $7.5bn.
Vanguard has always been the poster child for old-school, low-cost investing and has pretty much steered clear of anything crypto.
But now crypto-native companies are becoming too large and too integrated into financial markets to ignore.

Vanguard is largely just a collection of ETFs
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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