Feb 28, 07:42 PM

$1.3 Trillion Asset Manager Morgan Stanley Mulls Spot Bitcoin ETFs

Morgan Stanley is currently evaluating the possibility of offering spot Bitcoin ETFs to its customers on its giant brokerage platform, as reported by CoinDesk. This consideration by the $1.3 trillion asset manager marks a significant potential expansion in the accessibility of Bitcoin ETFs to a broader audience. The move comes after the launch of spot Bitcoin ETFs in January, which has since sparked increased discussion about their adoption by major registered investment advisor networks and broker-dealer platforms. Despite the growing interest and success of Bitcoin ETFs, as noted by Vanguard's observation of Larry Fink's ETFs, most of Wall Street's largest investment-advisor groups have yet to allow their advisors to invest clients' money into these new financial products. However, this is expected to change soon, providing a new and substantial source of buying into the market.

#Morgan Stanley #Bitcoin #CoinDesk #Vanguard #Larry Fink #Wall Street

Written with ChatGPT (GPT-4).

$1.3 Trillion Asset Manager Morgan Stanley Mulls Spot Bitcoin ETFs

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