Stanford PhD Fred Krueger: Vanguard's support for Bitcoin is significant, with an industry impact surpassing BlackRock's entry.

2025-12-03 07:45:42

Bitcoin supporter and Stanford PhD in Mathematics Fred Krueger posted on X: “BlackRock vs. Vanguard—everyone says BlackRock is the biggest, and that’s true. However, in the areas that matter most to most Americans, Vanguard is actually bigger:

#1 in U.S. retirement savings (IRA + 401(k))
#1 in index mutual funds (Boglehead core funds)
#1 in direct-to-consumer investing (ordinary investors investing directly)
#1 in passive long-term investing (the default choice for middle-class savers)

Vanguard allowing and accepting Bitcoin investments is highly significant.”

In response, Glassnode co-founder Negentropic commented: “Vanguard supporting Bitcoin and Ethereum earlier than BlackRock is even more significant, because Vanguard controls the largest pool of passive retirement funds.

This is not speculative capital: it’s automatic 401(k) contributions, target-date fund inflows, and rebalancing over decades. Once Bitcoin enters these default allocations, the buying pressure becomes structural, price-insensitive, and persistent.”

BTC3.09%

ETH4.3%

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