Wall Street Giant Morgan Stanley Holds Over $269,000,000 in Spot Bitcoin ETFs, According to New SEC Filing

Wall Street Giant Morgan Stanley Holds Over $269,000,000 in Spot Bitcoin ETFs, According to New SEC Filing


New documents reveal that financial services giant Morgan Stanley is holding hundreds of millions of dollars worth of spot market Bitcoin (BTC) exchange-traded funds (ETFs).

According to data from market insights firm Fintel, the Wall Street giant recently disclosed its holdings to the regulatory agency, revealing that on May 15th, it purchased 4.27 million shares of the Grayscale Bitcoin Trust (GBTC) worth $269.8 million.

“Morgan Stanley has disclosed 7,816 total holdings in their latest SEC (Securities and Exchange Commission) filings. Most recent portfolio value is calculated to be $1,246,178,634,816… Morgan Stanley’s new positions include Grayscale Bitcoin Trust.”

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Other industry titans have been active within the crypto space during the month of May as well. On May 2nd, France-based BNB Paribas, the world’s ninth-largest bank, purchased

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