Morgan Stanley Streaks Past $200 Million in Consecutive Bitcoin Buys
Morgan Stanley's Bitcoin investment streak continues to attract attention in the market. According to data from Arkham Intelligence, the firm has been steadily buying Bitcoin for three consecutive days.
The latest purchase added $32.4 million to Morgan Stanley's total inflows over this period, bringing its total to a significant $193.1 million. This marks an ongoing trend of investor interest in Bitcoin exposure through the fund, despite recent volatility in the broader crypto market.
Morgan Stanley has maintained steady demand for Bitcoin, with no recorded withdrawals over the past 20 days of ETF trading sessions. As of September 24, the firm's Bitcoin holdings have expanded to approximately $775.75 million, representing around 9,218 BTC at current prices.