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Pioneer Group considers providing cryptocurrency ETF services to U.S. brokerage clients
According to Foresight News, Vanguard, the world's second largest asset management company, is preparing to allow clients to invest in cryptocurrency ETFs on its brokerage platform. Anonymous person revealed that due to strong demand for digital assets by customers and the ever-changing regulatory environment, Pioneer Group has begun to prepare for this and has launched external discussions. Currently, Pioneer Group does not have plans to launch its own products like BlackRock, but rather considers allowing brokerage clients to invest in some third-party cryptocurrency ETFs. However, it is not clear when a decision will be made, and it is not clear which products will be offered.
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