Vanguard names Bitcoin-friendly former BlackRock exec as new CEO

Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.

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Asset management giant Vanguard has named Bitcoin-friendly former Blackrock executive Salim Ramji as its new CEO.

With Ramji overseeing the approval and launch of BlackRock’s spot Bitcoin exchange-traded fund earlier this year, his May 14 appointment to Vanguard has industry pundits wondering whether he will try to change the firm’s long-held opposition to Bitcoin (BTC), or even spark a late filing for a spot Bitcoin ETF.

In a May 15 post to X, Bloomberg ETF analyst James Seyffart said he doesn’t believe that Ramji would be able to see Vanguard launch its own spot Bitcoin ETF product. 

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