Interesting to observe: Since Vanguard opened its brokerage platform for spot crypto ETFs in December, Bitcoin and XRP have been trending downward rather than upward. BTC dropped from just under $92,000 at that time to around $65,000 — a sharp decline. XRP looked similar, with the coin falling from over $2 to below $1.50. One might have thought that such a major move by a top asset manager would boost the market, but the opposite happened. Other major coins like Ethereum and Solana showed similar patterns. However, this is probably less due to Vanguard’s decision and more due to the overall economic conditions that have been tense since December. Still, many see such a move by one of the world’s largest asset managers as an important step toward mainstream acceptance of cryptocurrencies.