Insider: Morgan Stanley is studying whether to add Bitcoin spot ETFs to its brokerage platform
According to CoinDesk, citing two informed sources, Morgan Stanley is conducting due diligence on whether to add Bitcoin spot ETF products to its brokerage platform. One of the insiders said that since the U.S. Securities and Exchange Commission (SEC) approved the launch of Bitcoin spot ETFs in the United States in January this year, Morgan Stanley has been evaluating offering Bitcoin spot ETFs to customers. There are currently 10 Bitcoin spot ETFs trading in the United States, with Grayscale's GBTC, BlackRock's IBIT and Fidelity's FBTC being the largest by asset size. It is not yet clear which products Morgan Stanley plans to offer its clients. Currently managing over $150 billion in assets, Morgan Stanley is the first major US bank to offer a bitcoin fund for wealthy clients.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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