Key Takeaways: Vanguard does not directly offer any Crypto-related ETFs or indexes that give investors broad exposure to Bitcoin, Ethereum, Solana and other blue-chip assets. That said, there are alternative crypto ETFs available on Vanguard like GBTC (spot BTC) or the Bitwise 10 Crypto Index Fund.
Our view is that GBTC and other crypto-related ETFs are inefficient and expensive ways to get exposure to digital assets due to high management fees. If you want to buy Crypto, you should consider a licensed multi-asset broker that offers digital assets like eToro or Robinhood.
- Trade 80+ Cryptos and 8,000+ Stocks, ETFs and more.
- FINRA-licensed with fast and cheap USD deposits from US Banks.
- Zero fees or trading commissions on Crypto & Stocks.
Table of Contents
Can I buy Crypto or Bitcoin with Vanguard?
The short answer is yes. Investors can get synthetic exposure to cryptocurrencies by investing in ETFs and indexes that are available on the Vanguard Brokerage platform. Some popular examples include the Grayscale Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE) and the bitwise 10 Crypto Index Fund (BITW).
However, it is important to note that this method is expensive and typically underperforms the underlying coins like Bitcoin (BTC) and Ethereum (ETH) because of high management fees.
Best Vanguard Crypto ETF
Based on our research, the best overall Crypto ETF available through your Vanguard login is the Bitwise 10 Crypto Index Fund (non-OTC Trust). This fund gives investors access to the top 10 cryptocurrencies by market capitalization (excluding stablecoins), enabling an efficient way to gain diversified exposure to the asset class.
The current weightings of the Bitwise 10 ETF on Vanguard are:
- Bitcoin (BTC) - 61.7%
- Ethereum (ETH) - 28.4%
- Cardano (ADA) - 2.6%
- Solana (SOL) - 1.9%
- Polkadot (DOT) - 1.3%
- Polygon (MATIC) - 1.1%
- Avalanche (AVAX) - 0.8%
- Cosmos (ATOM) - 0.8%
- Litecoin (LTC) - 0.7%
- Chainlink (LINK) - 0.6%
How to Buy Crypto with a Vanguard Alternative
The best alternative multi-asset brokerage in the United States that offers over 8,000 stocks, ETFs, commodities, bonds, treasury notes and 80+ spot cryptocurrencies is eToro. Their platform is the most popular alternative to Vanguard for investors that want to get real exposure to crypto and hold it in a personal wallet, while also investing in stocks and traditional assets.
You can get started in 4 simple steps:
- Create Account: Sign up to eToro US and complete your identity verification.
- Deposit USD: Select the 'Deposit Funds' button at the bottom left of your eToro Dashboard and deposit USD from an US Bank account.
- Find Crypto: Once the USD lands in your account, find the crypto you want to buy.
- Execute Trade: Input the USD amount you want to buy and execute your trade.
Will Vanguard offer Cryptocurrencies or Bitcoin?
This is a difficult question to answer, as Vanguard has not been forthcoming about their plans for offering cryptocurrencies. It seems likely that they will eventually offer some form of cryptocurrency investment product, but it is unclear when this might happen. In the meantime, investors interested in cryptocurrencies can purchase them through other means.
What is Vanguard?
Vanguard is an American investment management company that offers a variety of mutual funds, ETFs, and other financial products to its clients. Vanguard is one of the largest asset managers in the world, with over $4 trillion in assets under management as of December 2019. The company is headquartered in Malvern, Pennsylvania.
The company's products are available to investors in the United States, Canada, and a number of other countries. Vanguard offers a variety of investment strategies, including index funds, actively managed funds, and exchange-traded funds (ETFs). Vanguard is known for its low-cost investing options, as well as its customer service and innovative technology.
Vanguard has a wide array of products that cater to different types of investors. For example, Vanguard offers index funds that track major market benchmarks, such as the S&P 500 Index and the Dow Jones Industrial Average. The company also offers actively managed funds, which are overseen by a team of professional portfolio managers.