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Morgan Stanley Moving to Start Bitcoin ETF Sales: Reports
Major bank Morgan Stanley may soon allow its 15,000 brokers to recommend Bitcoin ETFs to clients. The move could boost inflows and send a legitimizing signal to other financial institutions.
Morgan Stanley, one of the world's largest investment banks with over $1.4 trillion in assets under management (AUM), is reportedly considering allowing its brokers to directly recommend Bitcoin exchange-traded funds (ETFs) to its customers.
JUST IN: Morgan Stanley may allow its 15,000 brokers to recommend #Bitcoin ETFs to their clients: Reports
Gradually, then suddenly
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