Morgan Stanley's move could accelerate Bitcoin's integration into traditional finance, potentially influencing other major banks to follow suit.
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
Bitcoin (BTC) continues to
Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed.
In a recent filing with the US Securities and Exchange Commission (SEC), Morgan Stanley, the American multinational investment bank and financial s
The move may bring fresh energy and capital into the spot ETFs.
Institutional interest and adoption significantly increased after Spot Bitcoin ETFs (exchange-traded funds) were approved