Morgan Stanley Surpasses $609 Million in Bitcoin Holdings

Morgan Stanley has increased its Bitcoin holdings to over $609 million. The bank's MSBT fund saw a significant influx of capital, entering the market with $62.2 million in the last 20 trading days.

The largest single-day purchase was on Friday when Morgan Stanley acquired $3.8 million worth of BTC. This transaction marked the beginning of a four-day entry series for the bank.

In contrast to this increase, BlackRock reported an exit of $19.2 million on the same day.