Morgan Stanley Lands Record $193 Million in Bitcoin Buys
Morgan Stanley has continued its buying streak of Bitcoin for three consecutive days, making it the only ETF to attract new capital during this period.
According to data from Arkham Intelligence, Morgan Stanley's spot Bitcoin ETF recorded $32.4 million in inflows on September 23, bringing its total inflows over the past three days to $193.1 million.
This indicates that investors in Morgan Stanley have maintained a steady demand for Bitcoin exposure despite recent market volatility.
The data also shows that Morgan Stanley has not recorded any outflows over the past 20 trading sessions, suggesting that its investors are committed to holding onto their Bitcoin investments.