The global asset management giant Vanguard Group's flagship international stock index fund, VGTSX, has recently increased its holdings in Bitcoin financial firm MetaPlanet. The latest data shows that the fund now holds 15.64 million shares of MetaPlanet, with a total market value of $53.5 million.
Vanguard Group Deepens Commitment to Digital Assets
As one of the world’s largest mutual fund providers, Vanguard has been expanding its exposure to digital assets in recent years. This latest stake increase through its index fund demonstrates continued confidence in the long-term potential of the cryptocurrency market.
- Vanguard Group manages more than $12 trillion in assets globally
- MetaPlanet focuses on Bitcoin-based financial services
- The recent move highlights growing institutional confidence in crypto assets
This development further underscores a broader trend of traditional financial institutions accelerating their integration of digital assets into mainstream portfolios.