Vanguard Investments focuses on blockchain technology but maintains a cautious attitude towards Bitcoin.

At the "ETFs in Depth" crypto discussion, Vanguard's John Ameriks stated that blockchain technology itself is very attractive to companies, enabling faster settlements, improving collateral efficiency, and reducing costs. He posed the question: "Is there a way to utilize blockchain without involving cryptocurrency?" At the same time, he pointed out that if asset tokenization cannot become mainstream, then Bitcoin is to him just a "digital toy."