Morgan Stanley's $50.6M BTC Buying Bolsters Institutional Demand

Morgan Stanley's persistent accumulation of Bitcoin has enhanced its institutional demand narrative, particularly after the firm received 51.58 BTC valued at around $4 million from Coinbase Prime for its MSBT Bitcoin ETF.

This latest transaction brings Morgan Stanley's total holdings in MSBT to 641.87 BTC, worth approximately $50.6 million, over a series of transfers across two weeks.

The accumulation has strengthened the broader demand outlook around Bitcoin, complemented by positive spot ETF inflows.

Beyond Morgan Stanley, Bitcoin spot ETFs registered daily net inflows of $6 million, equivalent to 78.39 BTC, with cumulative net inflows reaching nearly $55.63 billion and representing about 695,820 tokens.