Morgan Stanley Surpasses 10k BTC with Spot Bitcoin ETF Holdings
Morgan Stanley's spot Bitcoin exchange-traded fund (ETF) MSBT has reached a major milestone, surpassing 10,000 BTC in holdings. The fund added approximately 1,650 BTC last week through its spot Bitcoin ETF, lifting the total to 10,436.
This marks the first time MSBT's Bitcoin holdings have exceeded 10,000 BTC.
The position is valued at around $875 million, a significant increase in Morgan Stanley's Bitcoin exposure.