Morgan Stanley Buys Another 100 Bitcoin Through Spot ETF
Morgan Stanley has made another significant move into Bitcoin, purchasing approximately 100 units of the cryptocurrency through its spot Bitcoin ETF, MSBT.
The bank spent around $7.21 million on the latest Bitcoin acquisition, which increased its total holdings to 6,331 coins.
With a current value of about $406 million, this position represents a significant portion of Morgan Stanley's overall investment in the asset.