Morgan Stanley just added about 1,302 $BTC worth more than $100 million through its MSBT Bitcoin Trust.
That brings the fund’s reported Bitcoin holdings to roughly 10,850 BTC, putting its exposure near $840 million.
MSBT launched in April with a 0.14% fee and gives Morgan Stanley’s large adviser network a regulated way to access Bitcoin.
With the fund continuing to build its BTC holdings, institutional Bitcoin exposure is becoming a bigger part of traditional finance.
#BitcoinETFs #ETFsOnFire #ETFs
That brings the fund’s reported Bitcoin holdings to roughly 10,850 BTC, putting its exposure near $840 million.
MSBT launched in April with a 0.14% fee and gives Morgan Stanley’s large adviser network a regulated way to access Bitcoin.
With the fund continuing to build its BTC holdings, institutional Bitcoin exposure is becoming a bigger part of traditional finance.
#BitcoinETFs #ETFsOnFire #ETFs