$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF
$1.5 trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders.
Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated.
After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names like the State of Wisconsin Investment Board, Wells Fargo, JPMorgan and others.
Now, the latest disclosure shows mammoth financial services firm Morgan Stanley has bought $269.9 million worth of Grayscale's GBTC. This makes Morgan Stanley one of the largest institutional holders of GBTC, besides Susquehanna's $1.8 billion position.
NEW: $1.5 Trillion Morgan Stanley reveals it has spot #Bitcoin ETF exposure in SEC filings
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