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Bearish
šŸš€ Breaking News: Morgan Stanley Opens the Bitcoin Floodgates! šŸ’° Morgan Stanley, the financial giant with a penchant for caution, has just made a groundbreaking move. Brace yourselves, crypto enthusiasts! šŸŒŸ šŸ”„ What's Happening? Bitcoin ETFs Unleashed: Morgan Stanley's 15,000 financial advisors are now free to recommend Bitcoin exchange-traded funds (ETFs) to their high-net-worth clients. šŸ“ˆ The Chosen Ones: But wait, there's a catch! These recommendations are exclusively for clients with a net worth of at least $1.5 million. Risk takers, this way, please! šŸ¤‘ The ETF Stars: The chosen ETFs include BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund. šŸŒ  šŸ” Why Now? Crypto Goes Mainstream: The move reflects the growing acceptance of Bitcoin in the financial mainstream. šŸŒ Caution Meets Opportunity: Morgan Stanley treads carefully, balancing risk and reward. It's like tightrope walking with a golden parachute! šŸŽŖ :So, fellow hodlers, buckle up! The Bitcoin rocket ship is fueled and ready for liftoff. šŸš€šŸŒ™#Write2Earn! #NewsAboutCrypto #morganstanley #Morgan #TONonBinance
šŸš€ Breaking News: Morgan Stanley Opens the Bitcoin Floodgates! šŸ’°

Morgan Stanley, the financial giant with a penchant for caution, has just made a groundbreaking move. Brace yourselves, crypto enthusiasts! šŸŒŸ

šŸ”„ What's Happening?
Bitcoin ETFs Unleashed: Morgan Stanley's 15,000 financial advisors are now free to recommend Bitcoin exchange-traded funds (ETFs) to their high-net-worth clients. šŸ“ˆ
The Chosen Ones: But wait, there's a catch! These recommendations are exclusively for clients with a net worth of at least $1.5 million. Risk takers, this way, please! šŸ¤‘
The ETF Stars: The chosen ETFs include BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund. šŸŒ 

šŸ” Why Now?
Crypto Goes Mainstream: The move reflects the growing acceptance of Bitcoin in the financial mainstream. šŸŒ
Caution Meets Opportunity: Morgan Stanley treads carefully, balancing risk and reward. It's like tightrope walking with a golden parachute! šŸŽŖ

:So, fellow hodlers, buckle up! The Bitcoin rocket ship is fueled and ready for liftoff. šŸš€šŸŒ™#Write2Earn! #NewsAboutCrypto #morganstanley #Morgan #TONonBinance
Morgan Stanley Tells Wealth Advisors They Can Pitch Bitcoin ETFs In A First For A Big Bank. Morgan Stanley, the largest wealth manager in the United States, will reportedly allow financial advisors to offer bitcoin ETFs to eligible clients from August 7th. This makes it the first major Wall Street bank to do so. The report states that Morgan Stanleyā€™s financial advisors can solicit eligible clients to purchase shares of two spot bitcoin ETFs ā€” BlackRockā€™s iShares Bitcoin Trust and Fidelityā€™s Wise Origin Bitcoin Fund. Morgan Stanley will monitor clients' crypto holdings to ensure they don't have excessive exposure to the volatile asset class. #morganstanley #ETFEthereum #July_NonFarmPayrolls_Shock
Morgan Stanley Tells Wealth Advisors They Can Pitch Bitcoin ETFs In A First For A Big Bank.

Morgan Stanley, the largest wealth manager in the United States, will reportedly allow financial advisors to offer bitcoin ETFs to eligible clients from August 7th.

This makes it the first major Wall Street bank to do so. The report states that Morgan Stanleyā€™s financial advisors can solicit eligible clients to purchase shares of two spot bitcoin ETFs ā€” BlackRockā€™s iShares Bitcoin Trust and Fidelityā€™s Wise Origin Bitcoin Fund.

Morgan Stanley will monitor clients' crypto holdings to ensure they don't have excessive exposure to the volatile asset class.

#morganstanley #ETFEthereum #July_NonFarmPayrolls_Shock
Morgan Stanley Predicts Bitcoin Price Increase Amid Banking UncertaintyMorgan Stanley Investment Bank recently stated that Bitcoin will rise in price as uncertainty in the banking sector increases. Despite macroeconomic support factors yesterday, Bitcoin faced resistance at $25,000 but quickly broke through. Meanwhile, DXY reached 105 for the first time since the Silicon Valley bank collapse on March 11th. Market commentator Tedtalksmacro believes this is due to lower euro bond yields leading to a decrease in the EUR, which has pushed DXY higher as it measures the USD. Bitcoin reserves on exchanges continue to trend upwards, according to findings from CryptoQuant analysts. However, they note that the increase in Bitcoin on exchanges could lead to selling pressure. Coinbase is the only exchange with net outflows in recent days, which could be related to buying pressure from US investors. Bitcoin dipped to $24,700 after macro data, but quickly climbed to $27,000, up 4.4% in the past 24 hours at the time of writing. BlockchainCenter.net, a blockchain and cryptocurrency data analytics platform, noted that ā€œBitcoin season is hereā€ as only 13 out of the top 50 cryptocurrencies have outperformed Bitcoin in the past three months. As the banking collapse spreads, high-risk assets may be at risk of loss in the short term. However, Edward Moya, a senior market analyst at Oanda, said Credit Suisse is a bigger story than Silicon Valley Bank and Wall Street is ā€œextremely worried.ā€ He added that despite the drop in Bitcoin, it is not significant compared to the pressures that stocks, oil prices, and the euro face. Earlier today, oil prices hit their lowest levels since 2021, with WTI crude oil falling to $66 and European Brent crude oil falling to $73. #Bitcoin #btcsoaring #crypto2023 #azcoinnews #morganstanley This article was republished from azcoinnews.com

Morgan Stanley Predicts Bitcoin Price Increase Amid Banking Uncertainty

Morgan Stanley Investment Bank recently stated that Bitcoin will rise in price as uncertainty in the banking sector increases.

Despite macroeconomic support factors yesterday, Bitcoin faced resistance at $25,000 but quickly broke through. Meanwhile, DXY reached 105 for the first time since the Silicon Valley bank collapse on March 11th. Market commentator Tedtalksmacro believes this is due to lower euro bond yields leading to a decrease in the EUR, which has pushed DXY higher as it measures the USD.

Bitcoin reserves on exchanges continue to trend upwards, according to findings from CryptoQuant analysts. However, they note that the increase in Bitcoin on exchanges could lead to selling pressure. Coinbase is the only exchange with net outflows in recent days, which could be related to buying pressure from US investors.

Bitcoin dipped to $24,700 after macro data, but quickly climbed to $27,000, up 4.4% in the past 24 hours at the time of writing. BlockchainCenter.net, a blockchain and cryptocurrency data analytics platform, noted that ā€œBitcoin season is hereā€ as only 13 out of the top 50 cryptocurrencies have outperformed Bitcoin in the past three months.

As the banking collapse spreads, high-risk assets may be at risk of loss in the short term. However, Edward Moya, a senior market analyst at Oanda, said Credit Suisse is a bigger story than Silicon Valley Bank and Wall Street is ā€œextremely worried.ā€

He added that despite the drop in Bitcoin, it is not significant compared to the pressures that stocks, oil prices, and the euro face. Earlier today, oil prices hit their lowest levels since 2021, with WTI crude oil falling to $66 and European Brent crude oil falling to $73.

#Bitcoin #btcsoaring #crypto2023 #azcoinnews #morganstanley

This article was republished from azcoinnews.com

What is Tezos? Tezos (XTZ) is a multi-purpose platform that supports decentralized applications (DApps) and smart contracts. It was developed by former Morgan Stanley analyst Arthur Breitman with the support of his wife, Kathleen Breitman. #xtz #morganstanley #BTC #crypto2023
What is Tezos?
Tezos (XTZ) is a multi-purpose platform that supports decentralized applications (DApps) and smart contracts. It was developed by former Morgan Stanley analyst Arthur Breitman with the support of his wife, Kathleen Breitman.
#xtz #morganstanley #BTC #crypto2023
Controversy Surrounds Morgan Stanleyā€™s Spot Bitcoin ETF Recommendation #morganstanley #Morgan #ETFEthereum #Bitcoinā— #Binancepen_spark Morgan Stanleyā€™s decision to allow its wealth advisors to recommend spot Bitcoin ETFs to clients has sparked controversy. Financial consultant John Reed Stark warns that this move could trigger massive regulatory scrutiny from the SEC and FINRA, particularly as 15,000 advisors can now offer select Bitcoin ETFs. Stark predicts potential investigations into the firmā€™s handling of these products. Despite Starkā€™s concerns, other experts like Eric Balchunas and Svetlin Krastev argue that spot Bitcoin ETFs have already undergone significant regulatory vetting. They believe further oversight may be unnecessary. However, market volatility and the potential for increased arbitration cases raise questions about the suitability of Bitcoin ETFs for the average investor. While some remain skeptical, others assert that advisors should focus on clients' best interests, dismissing the heightened fears of regulatory fallout.
Controversy Surrounds Morgan Stanleyā€™s Spot Bitcoin ETF Recommendation

#morganstanley #Morgan #ETFEthereum #Bitcoinā—
#Binancepen_spark

Morgan Stanleyā€™s decision to allow its wealth advisors to recommend spot Bitcoin ETFs to clients has sparked controversy. Financial consultant John Reed Stark warns that this move could trigger massive regulatory scrutiny from the SEC and FINRA, particularly as 15,000 advisors can now offer select Bitcoin ETFs. Stark predicts potential investigations into the firmā€™s handling of these products.

Despite Starkā€™s concerns, other experts like Eric Balchunas and Svetlin Krastev argue that spot Bitcoin ETFs have already undergone significant regulatory vetting. They believe further oversight may be unnecessary. However, market volatility and the potential for increased arbitration cases raise questions about the suitability of Bitcoin ETFs for the average investor.

While some remain skeptical, others assert that advisors should focus on clients' best interests, dismissing the heightened fears of regulatory fallout.
šŸšØREPORTS: šŸ‡ŗšŸ‡ø Morgan Stanley to start pitching clients to buy Bitcoin ETFs by BlackRock and Fidelity starting tomorrow. 15,000 wealth advisors selling Bitcoin ETFs to boomers. $BTC #BitcoinETF #morganstanley
šŸšØREPORTS: šŸ‡ŗšŸ‡ø Morgan Stanley to start pitching clients to buy Bitcoin ETFs by BlackRock and Fidelity starting tomorrow.

15,000 wealth advisors selling Bitcoin ETFs to boomers. $BTC #BitcoinETF #morganstanley
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Bullish
āš ļøJPMorgan's CEO has sounded the alarm on a potential recession, soaring #inflation , and the threat of stagflation. With traditional markets in turmoil, all eyes are on crypto as it could emerge as a safe haven. As the global economy faces increasing uncertainty and instability, crypto may offer the alternative solution many are searching for. Is it time to consider adding crypto to your portfolio? Stay informed and stay ahead in these shifting financial landscapes! #morganstanley #updates #NewsAboutCryptoOfThisYear
āš ļøJPMorgan's CEO has sounded the alarm on a potential recession, soaring #inflation , and the threat of stagflation. With traditional markets in turmoil, all eyes are on crypto as it could emerge as a safe haven. As the global economy faces increasing uncertainty and instability, crypto may offer the alternative solution many are searching for. Is it time to consider adding crypto to your portfolio? Stay informed and stay ahead in these shifting financial landscapes!
#morganstanley #updates #NewsAboutCryptoOfThisYear
šŸšØ BIG BREAKING NEWS! šŸšØ$1.4 TRILLION giant Morgan Stanley just revealed that 6% of its institutional fund portfolio is now in #Bitcoin instruments! šŸ”„šŸ”„ Why This is Massive: šŸ”ø Institutional Adoption is Here: One of the worldā€™s largest financial institutions is now holding a significant portion of its portfolio in Bitcoin-related assets! šŸ¦šŸ’¼ šŸ”ø $BTCā€™s Growing Influence: This is a clear signal that Bitcoin is gaining major traction among traditional finance giants. šŸ›ļøšŸ’Ŗ šŸ”ø More Funds to Follow: As Morgan Stanley leads the charge, expect more institutional players to start allocating to Bitcoin, boosting demand. šŸ“ˆšŸš€ šŸ”ø Bitcoinā€™s Future Looks Bright: With institutions investing, the long-term outlook for Bitcoin has never been stronger! šŸŒŸ The Impact: šŸ’„ Institutional support could fuel an even bigger bull run for Bitcoin. šŸ’„ More stability and credibility for BTC in global markets. šŸ’„ FOMO might kick in as other funds and investors start piling in! šŸ¤‘ This is just the beginning! šŸ‘€ Get ready for a Bitcoin revolution in institutional finance! šŸš€šŸš€ #bitcoinā˜€ļø #CryptoNewsšŸš€šŸ”„ #morganstanley #USDataImpact

šŸšØ BIG BREAKING NEWS! šŸšØ

$1.4 TRILLION giant Morgan Stanley just revealed that 6% of its institutional fund portfolio is now in #Bitcoin instruments! šŸ”„šŸ”„
Why This is Massive:
šŸ”ø Institutional Adoption is Here: One of the worldā€™s largest financial institutions is now holding a significant portion of its portfolio in Bitcoin-related assets! šŸ¦šŸ’¼
šŸ”ø $BTCā€™s Growing Influence: This is a clear signal that Bitcoin is gaining major traction among traditional finance giants. šŸ›ļøšŸ’Ŗ
šŸ”ø More Funds to Follow: As Morgan Stanley leads the charge, expect more institutional players to start allocating to Bitcoin, boosting demand. šŸ“ˆšŸš€
šŸ”ø Bitcoinā€™s Future Looks Bright: With institutions investing, the long-term outlook for Bitcoin has never been stronger! šŸŒŸ
The Impact:
šŸ’„ Institutional support could fuel an even bigger bull run for Bitcoin.
šŸ’„ More stability and credibility for BTC in global markets.
šŸ’„ FOMO might kick in as other funds and investors start piling in! šŸ¤‘
This is just the beginning! šŸ‘€
Get ready for a Bitcoin revolution in institutional finance! šŸš€šŸš€
#bitcoinā˜€ļø #CryptoNewsšŸš€šŸ”„ #morganstanley #USDataImpact
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Bullish
šŸšØ BREAKING: Morgan Stanley discloses $270M+ in U.S. spot #BitcoinETF holdings! In a recent #SEC filing, the investment giant revealed $269.9M in #gbtc and a $2.3M allocation to Ark Investā€™s ETF. This positions Morgan Stanley as the third-largest holder of $GBTC shares. #morganstanley #TrendingTopic
šŸšØ BREAKING: Morgan Stanley discloses $270M+ in U.S. spot #BitcoinETF holdings!

In a recent #SEC filing, the investment giant revealed $269.9M in #gbtc and a $2.3M allocation to Ark Investā€™s ETF.

This positions Morgan Stanley as the third-largest holder of $GBTC shares.

#morganstanley #TrendingTopic
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Bullish
Will $150 billion #morganstanley push BTC to new ATH? Bitcoin remains over $69,000 despite pessimistic expert predictions. Morgan Stanley may soon allow BTC ETFs. Rising open interest suggests Bitcoin may hit a sell wall, causing instability. Will $150 billion Morgan Stanley boost Bitcoin's ATH? Reports citing SEC filings show $150 billion investment bank Morgan Stanley registered to acquire Bitcoin ETFs, suggesting the financial institution may soon authorize BTC ETFs on its platform. Give more investors access to the bitcoin market via a regulated and familiar investment instrument. This accessibility may draw mainstream investors to digital assets. A large financial institution like Morgan Stanley would provide authority and credibility to the crypto market, easing institutional investors' fears about Bitcoin. Facilitate institutional involvement, liquidity, and market stability. Bitcoin price is approaching a significant selling wall with a liquidity zone between $74,000 to $75,000. In this price range, there are enough buyers and sellers to make speedy exchanges. Open Interest rose about 13% in three days, from $33.81 billion to $38.02 billion between March 24 and 27. This suggests market instability and increased market activity. Bitcoin price forecast amid growing open interest and Morgan Stanley rumors Bitcoin price is over $69,000, but negative pressure makes this support weak. A weak Relative Strength Index (RSI) implies declining momentum. As seen by the Awesome Oscillator (AO) and Moving Average Convergence Divergence (MACD) green histograms, bulls remain strong in BTC. Bullish momentum might push Bitcoin price back to $73,777. Clearing this roadblock might push BTC price into the $74,000ā€“$75,000 liquidity zone. If bears can push BTC below $69,000 on the 12-hour time period, additional sell orders may follow. Bitcoin price may find support around the 50-day SMA at $67,627 after a prolonged drop. The pioneer cryptocurrency might roll over to $61,701 or fall to $59,224 before the bulls can recoup. #BTC $BTC
Will $150 billion #morganstanley push BTC to new ATH?

Bitcoin remains over $69,000 despite pessimistic expert predictions.

Morgan Stanley may soon allow BTC ETFs.

Rising open interest suggests Bitcoin may hit a sell wall, causing instability.

Will $150 billion Morgan Stanley boost Bitcoin's ATH?
Reports citing SEC filings show $150 billion investment bank Morgan Stanley registered to acquire Bitcoin ETFs, suggesting the financial institution may soon authorize BTC ETFs on its platform.

Give more investors access to the bitcoin market via a regulated and familiar investment instrument. This accessibility may draw mainstream investors to digital assets.

A large financial institution like Morgan Stanley would provide authority and credibility to the crypto market, easing institutional investors' fears about Bitcoin.

Facilitate institutional involvement, liquidity, and market stability.

Bitcoin price is approaching a significant selling wall with a liquidity zone between $74,000 to $75,000. In this price range, there are enough buyers and sellers to make speedy exchanges.

Open Interest rose about 13% in three days, from $33.81 billion to $38.02 billion between March 24 and 27. This suggests market instability and increased market activity.

Bitcoin price forecast amid growing open interest and Morgan Stanley rumors

Bitcoin price is over $69,000, but negative pressure makes this support weak. A weak Relative Strength Index (RSI) implies declining momentum. As seen by the Awesome Oscillator (AO) and Moving Average Convergence Divergence (MACD) green histograms, bulls remain strong in BTC.

Bullish momentum might push Bitcoin price back to $73,777. Clearing this roadblock might push BTC price into the $74,000ā€“$75,000 liquidity zone.

If bears can push BTC below $69,000 on the 12-hour time period, additional sell orders may follow. Bitcoin price may find support around the 50-day SMA at $67,627 after a prolonged drop.

The pioneer cryptocurrency might roll over to $61,701 or fall to $59,224 before the bulls can recoup.

#BTC $BTC
Morgan Stanley Allows Wealth Advisors To Pitch Bitcoin ETFsĀ  Morgan Stanley is now allowing its wealth advisors to pitchĀ BitcoinĀ ETFs to its clients. According to aĀ CNBC reportĀ Friday, the bank will soon grant this permission, which is a first among major Wall Street banks. $1.3 trillion asset manager Morgan Stanley will allow advisors to offer spotĀ #BitcoinĀ ETFs to clients. The firmā€™s 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded bitcoin funds starting August 7, CNBC says. Morgan Stanley associates will be able to pitch BlackRockā€™s IShares Bitcoin Trust and Fidelityā€™s Wise Origin Bitcoin Fund to clients. However, for investors at the bank, itā€™s important to note that Morgan Stanley is only allowing clients with a net worth of at least $1.5 million to take part in the ETFs. The investments are for taxable brokerage accounts, not retirement accounts, sources told CNBC. Ā  Morgan Stanley Traders Tops Estimates, Wealth Unit... These sources add that while the bank is only opening the door for BlackRock and Fidelity Bitcoin ETFs, they are observing newly approved ETFs on the market. With the recent approval of Ethereum ETFs, itā€™s possible that Morgan Stanley may consider adding those to the menu for clients in the future if the BTC ETFs succeed right away. Also Read: XRP & BTC: Peter Brandtā€™s Alarming Forecast! In January 2024, the SEC gave approval for the launch of Spot Bitcoin ETFs for trade nationwide. In the first months of trading, the funds performed extremely well, and Bitcoin reached a new all-time-high in March of $73,000. Since then, the asset has withstood ups and downs, and remains around the $63,000 mark. Despite being down from its all-time high, Bitcoin still has bullish momentum according to experts. The latest news from Morgan Stanley will likely be a catalyst for hype around Bitcoin ETFs. If other banks follow suit and grant permission to pitch Bitcoin ETFs, the asset may garner more demand, thus pumping its price. #bitcoinā˜€ļø #morganstanley
Morgan Stanley Allows Wealth Advisors To Pitch Bitcoin ETFsĀ 

Morgan Stanley is now allowing its wealth advisors to pitchĀ BitcoinĀ ETFs to its clients. According to aĀ CNBC reportĀ Friday, the bank will soon grant this permission, which is a first among major Wall Street banks.

$1.3 trillion asset manager Morgan Stanley will allow advisors to offer spotĀ #BitcoinĀ ETFs to clients.

The firmā€™s 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded bitcoin funds starting August 7, CNBC says. Morgan Stanley associates will be able to pitch BlackRockā€™s IShares Bitcoin Trust and Fidelityā€™s Wise Origin Bitcoin Fund to clients. However, for investors at the bank, itā€™s important to note that Morgan Stanley is only allowing clients with a net worth of at least $1.5 million to take part in the ETFs. The investments are for taxable brokerage accounts, not retirement accounts, sources told CNBC.

Ā 

Morgan Stanley Traders Tops Estimates, Wealth Unit...

These sources add that while the bank is only opening the door for BlackRock and Fidelity Bitcoin ETFs, they are observing newly approved ETFs on the market. With the recent approval of Ethereum ETFs, itā€™s possible that Morgan Stanley may consider adding those to the menu for clients in the future if the BTC ETFs succeed right away.

Also Read: XRP & BTC: Peter Brandtā€™s Alarming Forecast!

In January 2024, the SEC gave approval for the launch of Spot Bitcoin ETFs for trade nationwide. In the first months of trading, the funds performed extremely well, and Bitcoin reached a new all-time-high in March of $73,000. Since then, the asset has withstood ups and downs, and remains around the $63,000 mark.

Despite being down from its all-time high, Bitcoin still has bullish momentum according to experts. The latest news from Morgan Stanley will likely be a catalyst for hype around Bitcoin ETFs. If other banks follow suit and grant permission to pitch Bitcoin ETFs, the asset may garner more demand, thus pumping its price.
#bitcoinā˜€ļø #morganstanley
šŸšØ BREAKING NEWS ALERT šŸšØ šŸ”“Morgan Stanley to Launch Spot Bitcoin ETFs via Financial Advisors Network The #Bitcoin investment landscape is set for a major shift as #morganstanley , a leading global financial services firm, gears up to launch spot Bitcoin Exchange Traded Funds (ETF) through its network of 15,000 financial advisors starting today, August 7. This move, initially reported by #CNBC on August 2, marks the first instance of a major #Wallstreet bank enabling such widespread direct access to Bitcoin investment products. Currently Morgan Stanley is managing $6.3 trillion under it's firm šŸŒ This move is highlighting the acceptance of $BTC in mainstream financial services
šŸšØ BREAKING NEWS ALERT šŸšØ

šŸ”“Morgan Stanley to Launch Spot Bitcoin ETFs via Financial Advisors Network

The #Bitcoin investment landscape is set for a major shift as #morganstanley , a leading global financial services firm, gears up to launch spot Bitcoin Exchange Traded Funds (ETF) through its network of 15,000 financial advisors starting today, August 7.

This move, initially reported by #CNBC on August 2, marks the first instance of a major #Wallstreet bank enabling such widespread direct access to Bitcoin investment products.
Currently Morgan Stanley is managing $6.3 trillion under it's firm

šŸŒ This move is highlighting the acceptance of $BTC in mainstream financial services
Morgan Stanley Reveals $187 Million Position In IBIT, Nearly Sells Out Of GBTC In Q2Ā !! According to a recently filed form 13F filing, United States investment banking firm Morgan Stanley held roughly $188 million worth of shares in BlackRockā€™s iShares Bitcoin Trust ETF (IBIT) as of June 30. Notably, this makes the investment bank a top-five shareholder of the ETF. The bank also disclosed that it owned $1.57 million worth of shares in the ARK 21Shares Bitcoin ETF (ARKB), down slightly from the $2.3 million allocation it showed at the end of the first quarter. Morgan Stanley also appears to have almost completely sold off the shares it held in the Grayscale Bitcoin Trust (GBTC). Its latest filing showed a position worth $148,000 in GBTC, down significantly from the $269.9 million position it showed in the previous quarter. #morganstanley #BTCā˜€ #bitcoinā˜€ļø #LowestCPI2021 #Write2Earn!
Morgan Stanley Reveals $187 Million Position In IBIT, Nearly Sells Out Of GBTC In Q2Ā !!

According to a recently filed form 13F filing, United States investment banking firm Morgan Stanley held roughly $188 million worth of shares in BlackRockā€™s iShares Bitcoin Trust ETF (IBIT) as of June 30. Notably, this makes the investment bank a top-five shareholder of the ETF.

The bank also disclosed that it owned $1.57 million worth of shares in the ARK 21Shares Bitcoin ETF (ARKB), down slightly from the $2.3 million allocation it showed at the end of the first quarter.

Morgan Stanley also appears to have almost completely sold off the shares it held in the Grayscale Bitcoin Trust (GBTC). Its latest filing showed a position worth $148,000 in GBTC, down significantly from the $269.9 million position it showed in the previous quarter.

#morganstanley #BTCā˜€ #bitcoinā˜€ļø #LowestCPI2021 #Write2Earn!
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