"I think it's important for firms to have consistency in terms of what they stand for and the products and services they offer," Salim Ramji told Barron's. "I have heard [CIO] Greg Davis' explanation and I think it is entirely consistent with Vanguard's investment philosophy. It is a logical and consistent point of view."
It was not so much Vanguard's decision not to launch its own bitcoin ETF that caused so much chatter, but instead the company's move not to offer its clientele trading access to any of the numerous spot products that became available on Jan. 11 of this year. Ramji didn't address that matter in the interview.
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