Sunday, May 19, 2024

Morgan Stanley Discloses New $270 Million Investment In Bitcoin ETFs


In a significant move indicating Wall Street’s increasing embrace of Bitcoin, Morgan Stanley, one of the largest financial institutions globally, has disclosed an investment in Bitcoin exchange-traded funds (ETFs).

Recent filings with the U.S. Securities and Exchange Commission (SEC) shed light on Morgan Stanley’s positive shift towards owning (albeit indirectly) Bitcoin.

According to the filings, Morgan Stanley has allocated $270 million to various Bitcoin ETFs, making it a major player in the rapidly evolving Bitcoin market…Story continues

By: Alex Lari

Source: Morgan Stanley | $270 Million Investment in Bitcoin ETFs

.

Read more:

In the last 8 hours
Yesterday
Friday

No comments:

Post a Comment

One Habit Can Triple Your Risk of Getting Dementia Within 7 Years. Here’s What Not To Do

Getty Images If you want to lower your risk of getting Alzheimer’s or some other type of dementia, turn off the TV and step away from the in...